Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this KNC/USDT LONG setup. KNC looks good here.
KNC is breaking out from the symmetrical triangle and currently retesting it. It's good opportunity to long some here but do not forget to use tight SL.
Entry range:- $3.10-$3.18
Target:- 18-20%
SL:- $3.04
Lev:-...
I think it is safe to say the the early February $10,502 high was the current movement's high. What this does is give us a descending resistance line traced all the way from the all-time high price.
Measuring from the December 2018 $3128 low, we can also outline an ascending support line, that creates a symmetrical triangle.
So, we have a pattern that we can use...