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SimpleJackX
Sep 24, 2018 9:14 PM

KMD/BTC Long

Komodo / BitcoinBinance

Description

3 Reasons for trade setup:

Location: At support lows

Momentum: W confimred in Willy n OBV. Bullsih divergence confirmed. Lets see if we can keep it up.

Structure: Double bottom confirmed.

Profit Objective 2:1 R/R min, looking to tag the 50% retracements. The first one being at 0.0002002 BTC and the other at 0.0003279 BTC. Sell partial positions once targets have been reached.
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