Short KNC (update)
KNC lost its wickless weekly trendline last week. It seems retesting the trendline.
Because BTC shows some sign of weakness (after bouncing hard from 17Ks): it seems to form a double top and to revisit $17500. I think that we can short KNC from now (possibly DCA up to the trendline level).
20 minutes ago.
Because BTC shows some sign of weakness (after bouncing hard from 17Ks): it seems to form a double top and to revisit $17500. I think that we can short KNC from now (possibly DCA up to the trendline level).
20 minutes ago.
Trade closed manually
KNC was not moving as expected.Trade active
BTC lost its momentum and is going downNote
TP1 $1.186 was reached (+17% profit)
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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.