$KGEN Now it has reached my first target, 0.092, and my second target is 0.10, as I told you in my previous post 👇
Post
Joseph Willims ZWaC المصيطر
·
--
Hello! I’ll explain $KGEN #KGENUSDT at a distance of 15 meters — let’s see what’s happening with this momentum 🟢 | finorabot.com
- I’m leaning bullish here because the 15-minute structure is clearly trending upward, with price pushing above recent swing highs and holding steady above support zones.
- Price is expected to move first toward 0.08377, and if momentum continues, it will likely break through resistance at 0.08692; if that level is broken, 0.09220 will be the next target.
- The entry zone is between 0.07867 (minor support and FVG) and 0.08050 (mid-range), preferably after a pullback or a quick liquidity sweep below the local low.
- Wait for confirmation: a bullish engulfing candle or a strong rejection wick in the entry zone, along with a bullish shift in the lower-timeframe structure (such as a higher high/low on the 5-minute chart).
- Take profits in stages: partial at 0.08377, and the rest at 0.08692; exit the trade only if price closes decisively above 0.08692.
- The protection level should be placed above 0.06847, because a close below it would flip the price structure bearish and completely invalidate this setup.
Note: This is a countertrend trade against the daily/weekly bearish trend, so seek additional confirmation and manage position size accordingly.
- I’m leaning bullish here because the 15-minute structure is clearly trending upward, with price pushing above recent swing highs and holding steady above support zones.
- Price is expected to move first toward 0.08377, and if momentum continues, it will likely break through resistance at 0.08692; if that level is broken, 0.09220 will be the next target.
- The entry zone is between 0.07867 (minor support and FVG) and 0.08050 (mid-range), preferably after a pullback or a quick liquidity sweep below the local low.
- Wait for confirmation: a bullish engulfing candle or a strong rejection wick in the entry zone, along with a bullish shift in the lower-timeframe structure (such as a higher high/low on the 5-minute chart).
- Take profits in stages: partial at 0.08377, and the rest at 0.08692; exit the trade only if price closes decisively above 0.08692.
- The protection level should be placed above 0.06847, because a close below it would flip the price structure bearish and completely invalidate this setup.
Note: This is a countertrend trade against the daily/weekly bearish trend, so seek additional confirmation and manage position size accordingly.