Here we are looking at Kyber against the Bitcoin on the . We are slowly creeping out of the .
We are not out of the woods yet, but as long as we see steady growth of higher high's and higher low's, I am slowly entering into my position.
- From the lows of 0.00001300 untill now, we have already seen a 80% increase.
- From here to the next resistance, is the point of control on the weekly chart, 0.00003500. This means that it is the level at which the most is traded.
- The is increasing significantly, which we want to see as confirmation.
My entry will be at: 0.00002400
My target will be at: 0.00003500
My stoploss will be at: 0.00002100
For a risk reward ratio of 4:1
Enjoy, Thumbs up if this was helpfull.