KORE found bottom in the low 21500 satoshis.
This support was then tested and re-tested for several days.
And then KORE broke out, giving us our next opportunity trade.
Buy-in: 27000 - 37000
Stop-loss: 23699
Notes:
* As I said in the introduction, KORE found bottom.
* I remember this coin having strong movements when it was being actively traded a few months back. I remember lots of resilience, so entering at the bottom, can be a very profitable opportunity. I also remember, it going up when Bitcoin -0.24% was going down.
* All Time High @ 0.00195
Bullish indicators:
- EMA30 Above current price.
- Small breakout promotes upward momentum.
- Weekly chart shows a positive week ahead.
- MACD just crossed over. Plus positive divergence (which points to the coin having a strong breakout soon).
- RSI moving into the bullish zone.
- STOCH trending upward.
Trade active @ 0.00031047
Update# 1
Comment: Targets:
(*) 0.00041000 (first major resistance)
(1) 0.00062000
(2) 0.00087800
(3) 0.00108480
(4) 0.00128920
(5) 0.00158100
(6) 194300
(7) 302400 (new ATH)