Updated
Klayusdt trading opportunity
KLAYUSDT is currently exhibiting a bearish pattern, trading within the confines of a descending wedge, potentially consisting of five waves. At this juncture, we have observed the completion of waves 1 through 4 within this pattern.
We are now closely monitoring the development of the fifth and final leg, which we anticipate will culminate in our defined accumulation zone. This particular zone is forecasted to act as a significant pivot point, where we expect a bullish reversal to occur, thus propelling price action back into an uptrend.
we have delineated various target levels on the chart. These levels range from immediate short-term objectives to the ultimate target of the setup, each representing potential resistance points where partial or total profit-taking might be prudent.
Your engagement will be greatly appreciated.
We are now closely monitoring the development of the fifth and final leg, which we anticipate will culminate in our defined accumulation zone. This particular zone is forecasted to act as a significant pivot point, where we expect a bullish reversal to occur, thus propelling price action back into an uptrend.
we have delineated various target levels on the chart. These levels range from immediate short-term objectives to the ultimate target of the setup, each representing potential resistance points where partial or total profit-taking might be prudent.
Your engagement will be greatly appreciated.
Trade active
Price make a breakout from the falling wedge setup without testing the projected accumulation zone, so we plan for the pullback as buy entry.Trade active
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Telegram: t.me/+m0IACMn0ul03OTFk
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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.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.