KNCUSD UPDATE - BREAKOUT IMMINENT TO $2.50+ SOON
I wanted to provide a visual update for my KNC play. Zooming out on the 1D we can see a clearer picture on price action from a birds-eye view.
In about 27 days we moved 155% and corrected slightly....the descending channel pattern itself is bearish, but the breakouts are HUGE.
Will we see another 150%+ percent move by the end of August? We can only hope...
In about 27 days we moved 155% and corrected slightly....the descending channel pattern itself is bearish, but the breakouts are HUGE.
Will we see another 150%+ percent move by the end of August? We can only hope...
Note
June 5th - July 3rd is that ~155% price move. Grab the ruler on the side panel and play around with Bars vs Percentages where applicable.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.