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Deviantor_Wayne
Aug 8, 2023 9:45 PM

KSMUSDT long scenario Long

KSM / TetherUSBinance

Description

We expect bullish move on KSM/USDT pair with targets up to $32.49

possible trading plan:
entry 22.45
stop 19.43
tp1 26.09
tp2 28.28
tp3 32.49
Some profit may be taken also on $24.12 and $27.4 levels.

Risk management: main idea is risking nothing more than 1.5% per trade, thus position size will be calculated using the formula:
(Account Size * (Max Risk % X 0.01)) / (Stoploss Price – Entry Price) * Entry Price = Position Size
Comments
InkyGrip
The KSMUSDT market has broken through key resistance levels, and it's clear that the bulls are in control.
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