f-73

[High Risk] Speculative trade on KAVA

Long
f-73 Updated   
BINANCE:KAVAUSD   Kava
Here is a contrarian speculative Long on KAVA, with a somewhat decent R:R ratio.
Mandatory STOP under support, as there's an extremely high risk of H&S confirmation.

This is a HIGH RISK contrarian trade, being stopped is a possibility and success is not assured (especially if BTC sinks) .
Do your own diligence, then decide.

Trade active:
First batch in at 2,35$
Comment:
If you go Long here, HAVE a SL.
Uless BTC rebounds this may sink hard.
Trade closed: stop reached:
aaaand was stopped.
Comment:
To those asking / interested: KAVA may still play this falling wedge pattern, as long as Bitcoin keeps over 10000$.


Just be aware of the risks.
Comment:
Meaning that without a further stop you're prone to a H&S confirmation.
So play safe, it's hard to catch a falling knife.
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