Karat and Stick

2024年6月8日

4H chart
Cup and handle with a neckline test at the .618 fib retracement level. This is a speculative coin offered on coinbase. This is just to share and is absolutely not financial advice. Do your own DD.

2024年6月10日

註釋

4H update:



50 SMA about to cross major support
RSI at a key level
Bigger daily set-up forming

Daily POV



Possible Bull pennant
RSI possibly forming uptrend that could lead into further overbought territory
Volume declining and support is holding

2024年6月10日

註釋

Karrat broke below support, lost the 50sma but found support on the 100 sma on the 4H chart.

PA is currently ranging between 50/100 sma below resistance

2024年6月10日

註釋

Another thing to consider here on the 4H

The last time the PA fell through the 50sma, it rebounded on the 200 and exploded
There could also be a larger falling wedge in play.