Short KNC
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), I think that we can short KNC from now (possibly DCA up to the trendline level).
Because BTC shows some sign of weakness (after bouncing hard from 17Ks), I think that we can short KNC from now (possibly DCA up to the trendline level).
Trade active
BTC direction changes again (see my yesterday' post of BTC). It seems to form a double top and to revisit $17500
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Related publications
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.