Trying to search for coins that are bottomed or near bottomed for possible gem pick on KuCoin and coming up with this one - ARXUSDT.
The idea is to find wave 2 which corrects from wave 1 at around Fibonacci levels of 61.8, 78.6, 88.7 and 94.2, and catch a ride to wave 3.
While risk/reward ratio seems very convincing, worst case scenario of loss is that the...
Another possible gem pick on KuCoin; FORESTPLUSUSDT
Let's see if it will break the previous low, anticipating a good entry point and be patient. RR is around 1:16. Do your own research on point of entry, stop loss and profit taking.
KUCOIN:ENQUSDT
I'm looking at ENQUSDT whether it is completing wave 2 or going lower on Daily timeframe. While RSI indicates that the pair is extremely oversold, perhaps it's a good point to enter a long position as risk/reward ratio (about 1:11) is interestingly attractive. Sto RSI crossing up is considered a good entry point, wait for it.
Wave count is invalid...
