Market Update: $KITE 📊
Suggested Direction: Range
Entry: 0.18340-0.18738
Stop Loss Reference: 0.18140
Target Prices: 0.18954/0.19287/0.19702
Analysis: KITE's movement, EMA(0.19/0.19) crossover? Hilarious, those two lines are as close as twins, whoever moves first loses. RSI is at 16.8, oversold? What’s the point of being oversold when the market doesn’t play fair, just hanging around 0.185 like it’s on a joyride. You say to go long, but the trend is unclear; go short, and you fear getting wrecked by a pump. It’s pure torture trying to trade this, wanting to hop on? Make sure to set your stop loss at 0.1814, or you might get booted out and end up paying fees on top of it. I suggest the twitchy fingers set a limit order in the range, let it play out on its own, and we can just watch the show.
Tip: Recommended stop loss level: 0.181403, please adjust your position size based on your risk preference
#KITE
Suggested Direction: Range
Entry: 0.18340-0.18738
Stop Loss Reference: 0.18140
Target Prices: 0.18954/0.19287/0.19702
Analysis: KITE's movement, EMA(0.19/0.19) crossover? Hilarious, those two lines are as close as twins, whoever moves first loses. RSI is at 16.8, oversold? What’s the point of being oversold when the market doesn’t play fair, just hanging around 0.185 like it’s on a joyride. You say to go long, but the trend is unclear; go short, and you fear getting wrecked by a pump. It’s pure torture trying to trade this, wanting to hop on? Make sure to set your stop loss at 0.1814, or you might get booted out and end up paying fees on top of it. I suggest the twitchy fingers set a limit order in the range, let it play out on its own, and we can just watch the show.
Tip: Recommended stop loss level: 0.181403, please adjust your position size based on your risk preference
#KITE