KNCUSD 1hr - S/R Levels 04/26/21
KNC on the 1hr is now at a point of resistance around the 2.85 area. Lots of momentum, but I am watching the fast-moving average creeping into the overbought zone of the oscillators. If it proves correct, then we should see a retracement back to the 2.84 area. But if KNC can move past the 2.95, then it has room to 3.08, then 3.19.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.