KIN / ETH Channel 140%. Work on a coin. Reversal zones.
Updated
KIN / ETH work on a coin. External channel width 140%. Domestic about 50%. I have been trading a pair since January 18.
Pump coin. For about 3 months, the coin inside the horizontal channel is in a local uptrend (price lows are rising).
Over the 3 months, the profit was + 100% + 140% + 113%. Averaging an of + 60-70% of 100% of each movement. Liquidity is average, but if the work is carried out on several exchanges, it is satisfactory.
The channel and pivot zones are shown on the chart. Fixing prices above the channel resistance level may serve as confirmation of further growth. Not overcoming this zone can serve as a price reduction to the important zone indicated on the chart. Further, how the price will react to this support zone.
Former trading idea on this coin.
KIN pump coin. Breakthrough of the local downtrend line. January 23.
The result of work for 3 months on this pump.
+ 100% + 140% + 113%
Pump coin. For about 3 months, the coin inside the horizontal channel is in a local uptrend (price lows are rising).
Over the 3 months, the profit was + 100% + 140% + 113%. Averaging an of + 60-70% of 100% of each movement. Liquidity is average, but if the work is carried out on several exchanges, it is satisfactory.
The channel and pivot zones are shown on the chart. Fixing prices above the channel resistance level may serve as confirmation of further growth. Not overcoming this zone can serve as a price reduction to the important zone indicated on the chart. Further, how the price will react to this support zone.
Former trading idea on this coin.
KIN pump coin. Breakthrough of the local downtrend line. January 23.
The result of work for 3 months on this pump.
+ 100% + 140% + 113%
Trade closed: target reached
+200%
+50%
Comment
Comment
Comment
Trade closed: target reached
Comment
Further work on the instrument. Potential reversal area.
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