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KSM/USDT (Futures) Potential Upward Movement

KSM/USDT (Futures) Long-Term Trend: Bullish

Key Resistance Levels: 298.98, 307.67, 309.00.

Key Support Levels: 276.54, 260.71, 254.40

1-Hr Time Frame:

The price on the higher time frame is in a clear upward movement where the price is posting higher highs and lows. the market entered into a flag bullish formation and managed to break it to the upside which shows that the buyers are still in control of the market.

KSM/USDT (Futures) Medium-Term Trend: Bullish

15-Mins Time Frame:

On the lower time frame, we can see clearly that the liquidity is back where big bullish candlesticks has been posted and the market already respected the trend line support and this indicates that the market most probably will continue to the upside.

Buy Market Order @ 275.39

TP 1 @ 298.82          

TP 2 @ 307.67

Stop Loss @ 263.72

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

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