KNC cryptocurrency trade. Our target $2.29Hello colleagues.
Today we publish a potential trade on KNC cryptocurrency.
This cryptocurrency is quite volatile, so trading it without stop orders is dangerous.
We expect a local bounce of KNC price to the $2.29 mark. Then, we should closely watch if the buyers will have the strength to continue growing. The local trend line has been lost by the buyers, so the global bounce of KNC could be over.
Local trade on KNC cryptocurrency
Entry : $1.882
Stop : $1.811
TP-1 : $2.057
TP-2 : $2.29
KNCPERP
CORTO - KNC - Oportunidad de CompraEl FTX:KNCPERP ha empezado a perder potencia lentamente, la nube a 12h junto con el MA50 han probado ser una resistencia importante, lo cual ha llevado a que caiga por debajo del Kijun, estaremos esperando un retest del soporte en 1.4282.
Entrada: 1.5384
Objetivo 1: 1.4282
Objetivo 2: 1.3758
SL: 1.5725
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LONG - KNC - Trading OpportunityFTX:KNCPERP has been drawing a symmetric triangle for the past week already, this has been the 3rd bounce from the bottom trendline, looking to take advantage of the move, if it breaks out we will buy again on a retest.
Entry: 1.5912
Target: 1.7395
SL: 1.5389
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