$KNC/BTC 3D (#BinanceSpot) Descending trendline break & retest

Kyber Network Crystal has regained 50MA support and seems ready for big recovery!

kyber.network

Current Price= 0.00003188
Buy Entry= 0.00003192 - 0.00002850
Take Profit= 0.00004287 | 0.00005888 | 0.00008499
Stop Loss= 0.00002387

Risk/Reward= 1:2 | 1:4.52 | 1:8.64
Expected Profit= +41.91% | +94.90% | +181.33%
Possible Loss= -20.99%

Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 9 months


Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c

İşlem aktif:

1st entry filled

Kyber Network Crystal precisely bounced on demand zone but got rejected on 100EMA resistance, next attempt would be enough to break it!

İşlem kapandı: hedefe ulaştı:

TP1 reached with +39.41% and +2R

KyberNetworkCrystal confirmed the breakout and pumped while market is still bleeding, such an outsider!
Bullish continuation is in play, SL adjusted to lowest entry now (0.00002850).

İşlem kapandı: hedefe ulaştı:

TP2 reached with +87.95% and +4.52R

Kyber Network Crystal continued bullish and was not distracted by the rest of the market.
Just got rejected on 200MA resistance, SL adjusted to highest entry now (0.00003192)

İşlem kapandı: hedefe ulaştı:

TP3 reached with +174.80% and +8.64R🎯

Kyber Network Crystal regained 200MA and went for final target after missing it by a few sats.
It may seem it took a while but actually it was faster than expected, HTF set-ups are for extra patient traders.