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DeFi Buy Opportunity - KNCUSDT

Long
Kyber Network / TetherUS PERPETUAL CONTRACT (BINANCE:KNCUSDT.P)  
crypto_angelz  
BINANCE:KNCUSDT.P   Kyber Network / TetherUS PERPETUAL CONTRACT
Trend Analysis Parallel Channel Technical Indicators knc DEFI binance trading competition
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trendanalysis parallelchannel indicator knc defi binance trading competition
KNC prices have demonstrated predicatbility in movements, as they are trapped into this channel.

If history repeats itself, given than support its holding, we might target the upper bound of the channel.

Macd is showing a bullish reversal too.

Be careful because a trading competition on DeFi tokens is going on, thus increased volatility might be expected.

Buy zone: current - 1.562
TP: 1.70324 - 1.7600
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