$KAT red today but the range says buy
Don't let that -2.23% scare you...
KAT at 0.00636, down today. But look at the bigger picture we've been bouncing between 0.005 and 0.010 for a while.
What I see
Right now we're near the bottom of that range. Every time we've touched 0.006–0.0065 in the past, we bounced back to 0.008–0.009.
The volume is huge that means people are trading it, not ignoring it.
Why this is the buy zone
Because the crowd sells red. You buy red. That's literally the whole game.
The risk from here is 0.005. That's 20% down. The upside to 0.008 is 25%. To 0.010 is 57%.
The trade
· Entry: 0.00635–0.00637
· Stop: below 0.0058
· Target: 0.008 then 0.0095
First target is 25%. Second is 49%.
You want to buy at the bottom? This is the bottom of the range.
Get in. Set target at 0.008. Let it breathe.
0.008 first. Then we talk 0.0095. Simple.
Buy here 👇🏻
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