KNC Trade Set-up With Support and ResistanceHey all, here’s another entry on my tradingview series called 'Quick Updates'.
On KNC We are greeted with a nice scalp opportunity here. The price is falling back to the support area again after oscillating nicely between this horizontal support and resistance area.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
KNCUSDT
KNC/BTC (Uptrend resume?: up to 50% profit)KNC/BTC
-trendline resistance breakout
-trading above 50MA
-potential new support at 6670 sats
-upside target up to 10,000 sats
-stoploss below 6200 sats