KAIA forced to shed 10.7% in 2 days – Here’s the roadmap for traders now!

• Kaia was at UPTREND at the time of printing, despite the recent pullback from $ 0.196
• Permanent purchase pressure for Kaia meant that the thrust could be short -term

Kaia [KAIA] Managed to break over a local resistance of $ 0.13 9. June and increased by 35.6%in one day. This break on the structure of the bull market began UPTREND OF KAIA. Losses Bitcoin [BTC] In the last two days, SAW has also been influenced by Kaia, which recorded rejection at resistance at the end of January for $ 0.196.

It may be likely that next week will be on the crypto market still turbulent, with multiplication key events lined up for a week. Actually Kobeissi letter made bull argument For how the US would hit Iran, they could lead to a faster conflict solution, but it can be a long shot.

Investors can remain intermediate distortion. At the time of writing, Kaia seemed to maintain its bull’s view. Here is what traders have to be careful about in the coming days.

Kaia to test the bull block of the order – what could follow later?

Source: Susside

The one -day chart emphasized the bull block of the order at $ 0.15, marked with a cyan box. It could be likely that the price in the coming days would be immersed in this demand zone, as the market would probably be bearish next week.

The sales volume was minimal as reflected in OB. The volume indicator has significantly higher trends such as Kaia, which means that UPTREND carries strong demand.

Amazing oscillator and moving averages also showed bull dynamics. It didn’t seem to show bear divergence.

Another resistance over $ 0.196 lay at $ 0.266, while the levels of 0.15 and 0.141 USD seemed to be supported.

Source: Coinglass

1 Monthly thermal map of disposal did not occur many bright magnetic zones in the area so that the price should go. Short disposal for $ 0.202 seemed to be accumulated, above the local maximum. Levels of 0.144 $ and 0.12 $ would be other liquidity pockets south.

The $ 0.144 level was well lined up with the $ 0.141 support level, with a 20 -day gliding diameter to $ 0.147, just below the Bull Order block. The confluence of these factors means that the region of $ 0.14-0.15 would probably represent the shopping opportunity Kaia. Especially as a chance of a bull move from here seemed to be high.

Resistance of liability: The information presented does not represent financial, investment, trading or other types of advice and are merely the opinion of the writer