KNC/BTC (Bearish Double Top?)
KNC/BTC
-hitting weekly resistance area
-potential bearish double top
-weekly bearish divergence RSI
-multiple retests of flat support which is bearish
-unable to get above 50ma&100ma on 4h chart
-a decline in volume indicating a large move
-RSI is below 50 level which is bearish
-you can enter a Sell position on the retest of flat support
-that's an aggressive entry with stop loss above 50ma
-or you may wait for the break of support before entering Short position
-the downside target is 9300-9000 sats
-hitting weekly resistance area
-potential bearish double top
-weekly bearish divergence RSI
-multiple retests of flat support which is bearish
-unable to get above 50ma&100ma on 4h chart
-a decline in volume indicating a large move
-RSI is below 50 level which is bearish
-you can enter a Sell position on the retest of flat support
-that's an aggressive entry with stop loss above 50ma
-or you may wait for the break of support before entering Short position
-the downside target is 9300-9000 sats
Telegram Channels
➡️ t.me/kryptosignalschat
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➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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