Reflex1

Bullish Structure incoming KNC

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BINANCE:KNCUSDT.P   Kyber Network / TetherUS PERPETUAL CONTRACT
We all know how bearish knc had been until 10 days ago where it tapped its lowest bullish momentum levels, and is now carrying a bullish momentum with itself. I am noticing a Break of structure to the upside continously and decided to trade one of the levels. Basically were trying to play a 4h bullish leg which had caused that break of swing structure, we later come back to the level reacting off an 15m order block and failing to close lower, which then i noticed it did a 1h choch, I was/am still not in the trade yet so i noticed the move that gave us that bullish choch we came back down to it and choched 5m once again noticing we are seeing a bullish mometum here once that choch happened it confirmed my bias that this coin ideally wants to continue its bullish structure , our entry would be the move that caused the 5m bullish choch, the entry of imbalance we will place the stop under the low making the stop pretty small with a 1:20 r:r setup or we could put our stop under the main 4h swing low, either way works

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