Hey everyone!
The alts market is starting to recover, and there are many opportunities present to earn some money!
Here is one of them: KMD/BTC
1) On a 4H chart, looking at the moments we can see that BULLISH moves are getting stronger (steeper slope), while BEARISH moves are getting weaker (slighter slope), that is good indicator of potential growth!
2)We are approaching the resistance with an accumulation with some relatively high volumes.
Based on the arguments above, I would recommend to place BUY orders at 690-710 levels with a STOP-LOSS at 664. And then SELL at 820-850.
This is a great trade with 15-20% profit opportunity and high R/R ration of 4.2!!!
P.s If you'd like some more signals, please leave a feedback and check my "location" on TraidingView!)
The alts market is starting to recover, and there are many opportunities present to earn some money!
Here is one of them: KMD/BTC
1) On a 4H chart, looking at the moments we can see that BULLISH moves are getting stronger (steeper slope), while BEARISH moves are getting weaker (slighter slope), that is good indicator of potential growth!
2)We are approaching the resistance with an accumulation with some relatively high volumes.
Based on the arguments above, I would recommend to place BUY orders at 690-710 levels with a STOP-LOSS at 664. And then SELL at 820-850.
This is a great trade with 15-20% profit opportunity and high R/R ration of 4.2!!!
P.s If you'd like some more signals, please leave a feedback and check my "location" on TraidingView!)