Chart Request: Keeta Network (KTAUSD)
Today's chart is KTAUSD, by request. Please note, there is very little price history on this one making it difficult to predict longer-term probabilities.
However, the daily chart does show a potential RSI trend line breakout, and weakening bearish momentum that isn't too far away from potentially crossing up.
Price is trading in and respecting a downtrend channel. Closing above the median increases the chances of a move to the upper boundary. A breakout above the upper boundary puts a couple thousand percent move into play if it is a bull flag. The flag pole itself was around 3200%, but I wouldn't expect quite as much out of the next move.
Falling out of the downtrend channel would target lows back around 30 cents.
