KNC/USDT Weekly Breakout | SWING TRADEIn KNCUSDT Swing Trade
If you're looking for a Crypto coin for swing trade,KNC could
be good option recently broken a 518 day Rang on weekly timeframe.
Its currently nealry 85% down from it all time high. so if you want to invest then
this is best coin.
Note - Only for education purpose.
Kncusdtlong
💡Don't miss the great buy opportunity in KNCUSD @KyberNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.853).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2.027
TP2= @ 2.178
TP3= @ 2.317
TP4= @ 2.487
TP5= @ 2.675
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️