AlanSantana

KyberNetwork Chart Analysis | Fib. Targets & Paths

Long
BINANCE:KNCBTC   Kyber Network / Bitcoin
KyberNetwork ( KNCBTC ) printed another higher low and is about to print a higher high... It is very likely that EMA200 at 0.000002660 will be challenged next.

Remember, the charts are always changing, so make sure to have a plan before you trade.

Just as we have a bullish chart now, all the signals can change with just 1 candle close. In this timeframe, we are looking at 24 hours per candle.

That's why we see the bullish signals and potential, we buy and we hold... But we also use a stop-loss, in case the trade goes wrong.

Namaste.
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Comments

Hey Alan may I know what setting you use for RSI. the default 14 day period or any thing else? Thanks
Reply
AlanSantana abhi04713
@abhi04713, Default.

I use the default settings on all indicators/tools with small exceptions.
Reply
Great thanks Alan, can you please share your chart with us on WTC it looks like double bottom and ready for a pump, thank you
Reply
AlanSantana emrearslanturk
@emrearslanturk, It might be reaching bottom, agree.
Reply
How big stop loss do you use from your entry point, percentage (%) vise ?
Reply
@luleila, It depends on the chart/pair/trade.

It varies according to many different factors so each stop-loss is different and has a different percentage.
+1 Reply
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