$KAITO/USDT | 4H |

🗺 Market Situation

Market makers have already attempted two strong selling activities from the top as wave (a) & (c) of the complex correctional pattern we see on the chart.

🕯 Outlook

Since each heavy move is followed by a retracement and cool off, we expect another move to bring price up for another selling opportunity (wave d).

⚠️ Key Level

Highlighted zone is the retracement area to the broken trendlines and critical resistant lines. As selling positions to ride wave (e) seems logical, make sure you have risk plans in case price beats above the previous highs as well.

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