KNC/BTC
-the lower channel of support may have working working
-has the chance to retest to top channel resistance
-holding above the Cross Ultimate moving averages
-our key stoploss is below the channel box
-the priority remains bullish for short term
Hi traders,
I think we're done going down for now. It looks like we're completing an ABC correction and we hit the .618 fib target. That doesn't necessarily mean we're going higher though. I expect C wave to take us up to the .66 area but much of this depends on bitcoin.
Trade safe,
Hello Traders,
KNC Broke out from a falling wedge and created a flag formation. It continues to coil up and I expect an eventual rise to about $1 and possibly as high as $1.4. We should consolidate around $1 but at this point, we'll need to see how this plays out. Currently there is a building of a bullish divergence on the 15 minute RSI. So I expect a move...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
On KNC We are greeted with a nice scalp opportunity here. The price is falling back to the support area again after oscillating nicely between this horizontal support and resistance area.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where...
KNC/BTC
-trendline resistance breakout
-trading above 50MA
-potential new support at 6670 sats
-upside target up to 10,000 sats
-stoploss below 6200 sats
