WILD USDT 4hr Falling wedge + double bottom + Kucoin BOTS

26 במרץ 2022

Like most Kucoin MID-CAPS, Wild loves falling wedges and triangles and tends to pump hard when runs out of room. Counting on MACD reversing and volume coming in, I entered at 1.15, even though the safest and conservative entry would be around 0.995 (green circle area) marking a nice double bottom. In a nice dip, RSI oversold (under 20), so it looks like a good trade now.

However this plays out, risk/reward ratio on this one works in our favor