Coinathlon

KSM healthy retracement

Long
BINANCE:KSMBTC   KSM / Bitcoin
Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.

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Kusama has seen a nice run since the beginning of the month. We have now experienced a healthy correction in which we see it break the channel and fall below the 50EMA.

You can see my trade on the chart. Very tight stop loss because if we don't hold the @ 2647 sats, we will set a lower low and break the uptrend entirely.

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