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MyCryptoParadise_Nathan
Mar 18, 2024 9:11 PM

๐Ÿš€ Exciting Developments for $KSM! ย Long

KSM / TetherUSBinance

Description

โ‹…
๐Ÿ’Ž KSM has exhibited signs of Change of Character (CHoCH) and formed an inverse head and shoulders pattern, enhancing the likelihood of a bullish move.

๐Ÿ’ŽIf KSMUSDT breaks out above the resistant zone, it would confirm the inverse head and shoulders pattern, and we can anticipate targets till the next resistant levels. In the event of a pullback, a bounce from the bullish order block (OB) level can be expected.

๐Ÿ’ŽHowever, if the price breaks down below the level of the bullish OB, which also corresponds to the right shoulder of the pattern, the validity of the pattern will be compromised.
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