Here is a contrarian speculative Long on KAVA, with a somewhat decent R:R ratio.
Mandatory STOP under support, as there's an extremely high risk of H&S confirmation.
This is a HIGH RISK contrarian trade, being stopped is a possibility and success is not assured (especially if BTC sinks) .
Do your own diligence, then decide.
Mandatory STOP under support, as there's an extremely high risk of H&S confirmation.
This is a HIGH RISK contrarian trade, being stopped is a possibility and success is not assured (especially if BTC sinks) .
Do your own diligence, then decide.
Trade active
First batch in at 2,35$Note
If you go Long here, HAVE a SL.Uless BTC rebounds this may sink hard.
Trade closed: stop reached
aaaand was stopped.Note
To those asking / interested: KAVA may still play this falling wedge pattern, as long as Bitcoin keeps over 10000$.Just be aware of the risks.
Note
Meaning that without a further stop you're prone to a H&S confirmation.So play safe, it's hard to catch a falling knife.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.