INFENERGY

KNC/BTC good R:R trade setup

Long
BINANCE:KNCBTC   Kyber Network / Bitcoin
KNC reversed at the .236 and is now currently trading at .00012892. The reason I like this pair so much and this trade is because of the Risk to Reward. The Stop loss is at .0001170 and the first target is .00017. The trend will continue up the Fibonacci ladder and I have my final TP3 at the .618 .00028. This is a long term trade and some may find that the TP1 is a more likeable trade. Either way I hope you found this helpful and don't hesitate to comment, like, or give feedback. Happy Trading! (DISCALIMER: THIS IS NOT PROFFESIONAL FINANCIAL ADVISE)

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