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black_whale
May 26, 2022 2:58 PM

KNC LONG IDEA Long

Description

After a successful short I want to go long here up to the -AOI. To counteract another drop, the entries are placed lower than usual. If the orders are not filled, then it doesn't matter. Am in 3 long positions overall when it comes to Crypto. If the price reaches the upper -AOI before my order is picked up, then the trades will be cancelled.

Comment

First order was filled and SL was drawn on BEP. Second order remains. Since we don't have enough stabilization in the +AOI and also not a strong reaction, I think we'll take another detour down.

Comments
Ix21
Question.. should we open a short again at 2.50?
black_whale
@Ix21 That depends on how the price develops structurally until then. Right now I'm not very confident on the two longs, but leave them open as I'm hedge short inTRX. So it would still be profitable if it didn't work. In general -AOI is always an interesting area to short, yes.
YOU24462
I think 1.6 is the one.
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