create account

Crypto Analysis | Koin Breakout Update by tobetada

View this thread on: hive.blogpeakd.comecency.com
· @tobetada ·
$11.02
Crypto Analysis | Koin Breakout Update

## <center> Good day Hiveians!</center>

### <center> Join me in analyzing the crypto markets!</center> 

 
&nbsp;

### [Just 4 days ago I anticiapted a lager movement for KOIN](https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-koin-underperforming-but-not-for-long)

Yesterday this happened with a fairly large pump upwards. I think we are now set for more consolidation before moving even higher. Let's have a look at the charts. In the last post I made this chart:

https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/tobetada/23tmmf85wrutqFzF7uKbphxyUtgRvnNuUhbcYKsDaWwetnMpqkuvD219WYjT88yNGjaxh.png

You can go back to the post to see a better explanation of the details seen here. But essentially I was expecting a breakout out of the falling wedge. However, as you can see this movement was not expected to be going past ~45 cents. This is exactly what we saw yesterday:


![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/23tcNsR1MSwct62cm3LXtZLfzc5WnLtJg2CAB5Hhnwap6Jb7Nb43wjTWGtJhXEtE1SYWo.png)

It's always nice to see one's own predictions get confirmed. As you can see in the first chart, I am expecting this breakout to be going back to around 35 cents before moving higher once more. This could very well take several weeks to play out. If so, the movement back down has to make a higher low for this greater scenario to transpire. We can draw a trend line in the weekly chart (here in turquoise) for a possible area of retesting. 


![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/23u6YysaKf8BDDDv6DXRCrLnRsqwdLfLxgyFJs46fV61E3fGKwuvz9mqtscTZBTtD6kQ8.png)

All in all, more sonsolidation until perhaps early May when with the release of the dapps price should move higher and breach the macro resistance (black line). Price would then retest the daily and weekly resistances before moving higher still (if momentum keeps going):




&nbsp;

---


*As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!*


<center>![Bottom.jpg](https://steemitimages.com/DQmaKSaCaesHvFXaRovU2pKpJX3pzguP2mgPZPLM8Ac1LQg/Bottom.jpg)</center>

<center>โ›…๐ŸŒฆ๐ŸŒง๐ŸŒฆ๐ŸŒง๐ŸŒจโ˜๐ŸŒฉ๐ŸŒฆโ›…๐ŸŒงโ˜๐ŸŒค๐ŸŒฅ๐ŸŒช๐ŸŒง๐ŸŒจ๐ŸŒฉโ›…๐ŸŒฆโ˜๐ŸŒค๐ŸŒฅ๐ŸŒคโ›…๐ŸŒคโ›…๐ŸŒฆโ›…</center>

![lovetheclouds_community_banner.jpg](https://files.steempeak.com/file/steempeak/tobetada/8JQDzWCq-lovetheclouds_community_banner.jpg)

### <center>**[Check out the Love The Clouds Community if you share the love for clouds!](https://peakd.com/c/hive-131609/created)** </center>

<center>โ›…๐ŸŒฆ๐ŸŒง๐ŸŒฆ๐ŸŒง๐ŸŒจโ˜๐ŸŒฉ๐ŸŒฆโ›…๐ŸŒงโ˜๐ŸŒค๐ŸŒฅ๐ŸŒช๐ŸŒง๐ŸŒจ๐ŸŒฉโ›…๐ŸŒฆโ˜๐ŸŒค๐ŸŒฅ๐ŸŒคโ›…๐ŸŒคโ›…๐ŸŒฆโ›…</center>


<center>![Bottom.jpg](https://steemitimages.com/DQmaKSaCaesHvFXaRovU2pKpJX3pzguP2mgPZPLM8Ac1LQg/Bottom.jpg)</center>
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 83 others
properties (23)
authortobetada
permlinkcrypto-analysis-or-koin-breakout-update
categoryhive-167922
json_metadata{"app":"peakd/2023.3.4","format":"markdown","tags":["koin","koinos","proofofbrain","trading","crypto","blog","palnet","neoxian","sct-coin","gems"],"users":["tobetada"],"image":["https://files.peakd.com/file/peakd-hive/tobetada/23u6YysaKf8BDDDv6DXRCrLnRsqwdLfLxgyFJs46fV61E3fGKwuvz9mqtscTZBTtD6kQ8.png","https://files.peakd.com/file/peakd-hive/tobetada/23tmmf85wrutqFzF7uKbphxyUtgRvnNuUhbcYKsDaWwetnMpqkuvD219WYjT88yNGjaxh.png","https://files.peakd.com/file/peakd-hive/tobetada/23tcNsR1MSwct62cm3LXtZLfzc5WnLtJg2CAB5Hhnwap6Jb7Nb43wjTWGtJhXEtE1SYWo.png","https://steemitimages.com/DQmaKSaCaesHvFXaRovU2pKpJX3pzguP2mgPZPLM8Ac1LQg/Bottom.jpg","https://files.steempeak.com/file/steempeak/tobetada/8JQDzWCq-lovetheclouds_community_banner.jpg"]}
created2023-03-27 20:05:00
last_update2023-03-27 20:05:00
depth0
children1
last_payout2023-04-03 20:05:00
cashout_time1969-12-31 23:59:59
total_payout_value5.524 HBD
curator_payout_value5.493 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,720
author_reputation521,271,349,312,121
root_title"Crypto Analysis | Koin Breakout Update"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id122,018,476
net_rshares20,020,049,535,459
author_curate_reward""
vote details (147)
@hivebuzz ·
Congratulations @tobetada! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@tobetada/upvoted.png?202303272045"></td><td>You received more than 160000 upvotes.<br>Your next target is to reach 170000 upvotes.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@tobetada) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out our last posts:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pud-202304"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202304">Hive Power Up Day - April 1st 2023</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/birthday-7"><img src="https://images.hive.blog/64x128/https://i.imgur.com/OaAR9Cj.png"></a></td><td><a href="/hivebuzz/@hivebuzz/birthday-7">Happy Birthday to the Hive Community</a></td></tr><tr><td><a href="/hive-139531/@hivebuzz/proposal-2324"><img src="https://images.hive.blog/64x128/https://i.imgur.com/RNIZ1N6.png"></a></td><td><a href="/hive-139531/@hivebuzz/proposal-2324">The Hive Gamification Proposal</a></td></tr></table>
properties (22)
authorhivebuzz
permlinknotify-tobetada-20230327t204812
categoryhive-167922
json_metadata{"image":["http://hivebuzz.me/notify.t6.png"]}
created2023-03-27 20:48:12
last_update2023-03-27 20:48:12
depth1
children0
last_payout2023-04-03 20:48:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,372
author_reputation367,966,859,439,838
root_title"Crypto Analysis | Koin Breakout Update"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id122,019,685
net_rshares0