KNC - Bullish Case Made - Low Failure Rate #KNC #BTC #kyber

BINANCE:KNCBTC   KyberNetwork / Bitcoin
I have been building a position in KNC. Added to position during dip under 1400 yesterday (3/29). Below is a bullish case, bearish case and an observation. On all items, but the observation in particular, I'm definitely open to challenge. That is, if anyone sees an error, please do point it out.

Bullish Case:
-TK Cross on the 12 hour
-Lagging indicator above price on 12 hr
-Bullish Divergence (RSI/Price)
-RSI approaching breach of midpoint
-At major resistance turned support level (9 touches on the 12 hr in March)

Bearish case:
-Price below cloud
-Lagging below cloud
-Cloud itself is bearish
-Overall market trend is bearish - Any bullish entry is counter-trend at this point
-Trust I could make a very long list of bearish indicators, but stopping here.

I believe this is true, but certainly open to a challenge on it if anyone sees an error. If you traded KNC when: (1) RSI indicated upward momentum; (2) RSI was at or above 48-52 zone; and (3) sold immediately on sideways/downward RSI , I believe the failure rate of your trades would have been 0% during the previous few months. These trades are reflected in yellow boxes and are numbers 1-10. Trade 10 would be right now.

No advise here. DYOR. Don't trust anyone on the internet. Aaaand, good luck to all.
交易結束:目標達成: Averaged down just a little on this one. Good gains. Would have been better if I delayed the call by 2-3 days. Currently looking for support to substantial a solid reentry into KNC. I feel there's more upside - only question is the extent of the downside before that happens.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出