ForecastCity_ME

💡Don't miss the great buy opportunity in KNCUSD @KyberNetwork

Long
ForecastCity_ME Updated   
BINANCE:KNCUSDT   Kyber Network / TetherUS

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.887).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. KNCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.

Take Profits:
TP1= @ 5.280
TP2= @ 5.524
TP3= @ 5.755
TP4= @ 6.004
TP5= @ 6.208

SL= Break below S2

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Trade active:
73.59% profit...
Total Profit: 73.59%
Closed trade(s): 26.7% Profit
Open trade(s): 46.89% Profit


Update Details:

Closed Profit:
TP1 @ 5.280 touched at 04.26.2022 with 10.80% Profit.
TP2 @ 5.524 touched at 04.26.2022 with 15.90% Profit.
10.80% + 15.90% = 26.7%

Open Profit:
Profit for one trade is 4.767 (current price) - 5.510(open price) = 15.63%
3 trade(s) still open, therefore total profit for open trade(s) is 15.63% x 3 = 46.89%
All SLs moved to Break-even point.

Take Profit:
TP3= @ 5.755
TP4= @ 6.004
TP5= @ 6.208

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