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.
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$
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.
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.
So play safe, it's hard to catch a falling knife.
Uless BTC rebounds this may sink hard.