Watching $KAITO for a potential drop
As long as $KAITO stays below the SMA7, it looks primed for a move down towards the support level, given the bearish chart structure and the fact that it's currently trading below both the SMA7 and SMA25
Close is below SMA7 and SMA25, 10-bar trend is bearish, last candle is bullish but overall trend is bearish
A close above the SMA7 would invalidate this short setup
Are you shorting $KAITO on this bearish trend
As long as $KAITO stays below the SMA7, it looks primed for a move down towards the support level, given the bearish chart structure and the fact that it's currently trading below both the SMA7 and SMA25
Close is below SMA7 and SMA25, 10-bar trend is bearish, last candle is bullish but overall trend is bearish
A close above the SMA7 would invalidate this short setup
Are you shorting $KAITO on this bearish trend