Yello, Paradisers! Are you watching what just happened with #KAITO? Because this could be the early phase of a massive reversal after weeks of correction, and the risk-reward setup is getting too attractive to ignore…
💎After a strong bullish rally, KAITO entered a classic falling wedge correction, a bullish continuation pattern. Now, the price is approaching critical levels and beginning to show signs of strength, printing a bullish divergence on the RSI.
💎Recently, KAITO tested a major support zone between $1.200 and $1.250, and reacted positively. Even more promising, price action is shaping a potential morning star pattern, a powerful reversal signal, right at this demand zone.
💎#KAITOUSDT looks primed to retest the falling wedge resistance at $1.40. This is the first big hurdle, and if bulls manage to hold strength, price could quickly see momentum push price towards $1.60–$1.70, a heavy resistance area where aggressive profit-taking is expected.
💎If the wedge breakout confirms, the broader structure suggests that KAITO has the potential to run all the way to $2.00–$2.10. That’s not just a psychological level, it also marks the pattern target and aligns with the 50% Fibonacci retracement of the prior downtrend.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎After a strong bullish rally, KAITO entered a classic falling wedge correction, a bullish continuation pattern. Now, the price is approaching critical levels and beginning to show signs of strength, printing a bullish divergence on the RSI.
💎Recently, KAITO tested a major support zone between $1.200 and $1.250, and reacted positively. Even more promising, price action is shaping a potential morning star pattern, a powerful reversal signal, right at this demand zone.
💎#KAITOUSDT looks primed to retest the falling wedge resistance at $1.40. This is the first big hurdle, and if bulls manage to hold strength, price could quickly see momentum push price towards $1.60–$1.70, a heavy resistance area where aggressive profit-taking is expected.
💎If the wedge breakout confirms, the broader structure suggests that KAITO has the potential to run all the way to $2.00–$2.10. That’s not just a psychological level, it also marks the pattern target and aligns with the 50% Fibonacci retracement of the prior downtrend.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.