Kekius Maximus / USDT
Long
Updated

KEKIUS - SPOT / LONG

Excellent trade, good support. Unfortunately I can't use leverage on this currency and it only lets me use SPOT. The risk is quite low (the currency either rises or dies, but I think the second possibility is low) if you have patience and there is no liquidation price. Even if the risk of losing is low, the price to pay is high since the entire investment is lost. I wouldn't use too much leverage either, this currency can rise in SPOT up to 300%. The thing here is patience because it can still take a few days, but when it explodes it will do so with great force since it has a lot of liquidity above. There is a possibility that it will fall 50% or perhaps a little more, it is not advisable to use leverage of more than x2 or x3 and then look for re-entry at a liquidation price since the movements it will make will be strong.

T1: 0.19
T2: 0.33
T3: 0.40
Order cancelled
I think it may bounce back, but it may continue to fall afterwards.
Note
I think it will range, since it's at a support level and will only rise when the entire market goes up. That said, I find it difficult for it to reach its previous ATH in the short or medium term. This coin has a market cap of around 80M, and I believe that for it to reach ATH again, it would need around 300-400M. I think if you're patient, it could reach about 180M, which is the average for these kinds of coins. That will happen when it compresses too much or with an Elon post. So, I believe it will still take a long time, and it should be strictly in SPOT. I think this coin is already spent, it might range indefinitely and the risk of selling out of impatience is high. It will only be for the most patient ones. So, it should not be for holding, but for selling during the rise. I recommend going to another one if you want a faster movement. Check out my latest idea in FLORK CTO, which has a market cap of only 25M.

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