Kyber Network (KNC) Buy Zone

Kyber Network (KNC) Buy Zone
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BIAS
Long-Term : Bullish

Risk : Medium

Already retesting our previous lows, decent buying volume giving it a more than decent probability of retesting lower entry.
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$KNC/USDT LONG SETUP
Leverage : x3 - x5

Entry Price : 1.28 - 1.36

Mid-Term
TP 1 : 1.385
TP 2 : 1.42
TP 3 : 1.495
TP 4 : 1.582

Long-Term
TP 5 : 1.71
TP 6 : 1.89
TP 7 : 2.11
TP 8 : 2.32

Stop Loss : 1.165

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Trade active:

$KNC/USDT Entered entry zone

Comment:

Kyber Network (KNC) Update
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BIAS
Long-Term : Bullish

The Kyber Network experiencing some low-timeframe bearish momentum building up. We don't expect to head lower before one more retest (at least) of our $1.35 resistance.

Make sure not to have over-leveraged position in any direction, as it's just a recipe for disaster with our current or any other market condition.
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