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KLAYUSD Buy the pull back

Long
BINANCE:KLAYUSD   KLAY
KLAYUSD is consolidating after a strong February drop, in preparation for one last drop at the bottom of the Channel Up.
The same pattern is seen in mid November-December.

Trading Plan:
1. Buy if the price breaks under the short term Channel and near the bottom of the long term Channel Up or if it breaks above the short term Channel first.

Targets:
1. 0.41500 in both cases (top of the Channel Up).

Tips:
1. On the RSI (1d) we can see the resemblances between the two patterns more clearly. The closer the buy is to the 30.00 RSI oversold level, the better.

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