$KNC Analysis on DailyAfter reversing from bottom $KNC has retested Daily support zone, and if you look at Weekly TF you will see a rally straight up to $1.20 can be expected.
Volume is incoming, only if market sustains the choppy sideways and do not take drastic turn we can expect the target hit soon.
KNC W TF TADYOR #NFA this analysis based on liquidation KNC need to retest the 0.5 Fib level there is CHOCH
knc usdt bulish divergence with trendline breakoutwe can take entry when break the trend line above andalso created a bulish divergence
💡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 expec
KNCUSDT longKNC is forming a pennant pattern, and it is a continuation pattern so we might expect a short term bullish momentum.
It also has a good support of 50 EMA, so if it breaks the resistance of 2.604 followed by breaking out of pennant pattern, than we can long after retest.
Things that can happen after
💡Don't miss the great buy opportunity in KNCUSD @KyberNetwork
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 e
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