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Serene_Crypto
Feb 1, 2022 8:45 AM

KNC 1H long Long

FTX:KNCPERP1D
Kyber Network Perpetual FuturesFTX

Description

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Setup: KNC is reacting off the 9 EMA and has been in an uptrend. It is also above the 4h 200 EMA, giving extra confirmation to the trade. BTC also break out of its tight range, signaling a retest of 40k, giving KNC some room to run

Entry: When MACD crossover

Stop loss: Trail using 3 ATR trailing stop loss

TP: 2.2535
Trend AnalysiskncCryptocurrency
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