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Cheek Analytics
Cheek Analytics@CheekAnalytics·
Cheek Analysis: $KTA @KeetaNetwork (Update v8) Since my last update, I mentioned the goal was to keep forming higher lows (HL) and higher highs (HH) to see continuation up. Now we’re seeing a strong push toward the first resistance zone: the purple cloud. Let’s see if we can finally break through this time.
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Cheek Analytics@CheekAnalytics

Cheek Analysis: $KTA @KeetaNetwork (Update v7) So far, we’ve tested the purple cloud multiple times as resistance and retraced back, making a lower low but during the last upward push, we formed a higher low, which is a good sign. As long as we continue forming higher lows and higher highs, there's still a chance we’ll retest the purple cloud. That said, I think it would be healthy to touch the fundamental price and stay under it for a while, to cool off sentiment and allow the indicator to show at least neutral sentiment (no background). Current sentiment is still - extreme greed (bright pink background)

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