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TradersonEarth
May 6, 2022 10:25 PM

KNC Long

Kyber Network / TetherUSBinance

Description

We shorted KNC around 4.9 and all our TP's were hit. Looks like it is getting ready for a pullback with daily RSI in oversold territory. It also has a bullish divergence on 4h timeframe. Buy here with stops below 2.7. Target is 3.5.

Trade closed: stop reached

Comments
nazirmahar
My average buying price is 2.57135$ at 150$ margin cross20x & liquidity is zero, can KNC go up or on which level i will do DCA. It is not your financial advice all loss and profit are mine. I want your opinion on KNC-USDT.
TradersonEarth
@nazirmahar, You can do DCA between 1.11-1.17. That is a strong support. But if the bloodbath continues, then KNC can go till 0.7 as well. So keep some cash for that scenario as well.
CryptoWhaleKriva
whale mafia controls everything.. all analysis support resistance is fake. they have the control
CryptoWhaleKriva
can u pls guide how low it's gonna go? stop loss at 70? already at 2.61

wht should be my entry as I want to use leverage
ang3lswithme15
i buy long on $2.6
CryptoWhaleKriva
@ang3lswithme15 did u use leveragr
ang3lswithme15
@CryptoWhaleKriva, yes. about 20x
CryptoWhaleKriva
@ang3lswithme15 must have been liquidated now.. it's at 2.33
ang3lswithme15
@CryptoWhaleKriva, my liquidation is $2.04. i have low capital
CryptoWhaleKriva
I have been liquidated 4 times on knc and now again entered at 2.33 10x.
the target is 4.29 but it keeps on going down
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