KASUSDT ShortLooks like KASUSDT is wrapping up an ABCDE reversal pattern right on the daily 50EMA — point E seems to be the final touch.
What stands out is how that 50EMA is acting like a brick wall — price got rejected at A, C, and now again at E.
My target’s the support zone marked on the chart.
I’m not setting a tight stop — too easy to get wicked out by some stop-hunting move.
I’ll only cut the trade if we get multiple candle bodies closing clean above the daily 50EMA.
Kasusdtshort
KASUSDT at 4h resistance, likely to head downThe price has bounced well from the daily support DS1 which was our target for the last short trade. We did not take any long though it was a good opportunity for going long. However, now price is coming close to 4h resistance 4HR1 area. I think this zone shall resist the price and push it down again towards the daily support zone. Since the price has strength moving upwards, I will keep the size small for this short trade.
KASUSDT likely to head to daily support 0.034-0.035The price bounce from hourly support HS1 and hit the hourly resistance HR1. The price is likely to move further down from here towards daily resistance DS1. This makes a short trade favorable here. The target of this short trade should be the daily support DS1 around 0.034-0.035. There is another large time frame idea of the price heading towards weekly support but thats not presented here as we would like to do multiple trades here and therefore, trading mid time frame levels.