KNCUSDT Outlook - 17.02.22
Updated
Analysis
Trade safe, and due diligence is advised!
- It's been struggle to analyze this one cause it requires a totally different approach.
- There is a strong resistance around the top red and white line, which might be a sign of this short term uptrend, given that the wave count is correct, otherwise this is invalid.
- Managed to find five waves in. Anticipating that the correction will at least touch the yellow line and if lucky the blue area.
- Trying to ascertain as to whether this is still A or we're already on our way to complete C.
Trade safe, and due diligence is advised!
Note
managed to get 2 good short scalpsThe yellow line is still a given, but due to patience issues, could not stay longer
Trade closed: target reached
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