There is not doubt that the KNC/USD pair has been the top mover in the market recently. It seems that it's going to have another leg up again very soon:
1. A candle just broke out in a symmetrical triangle in the 4 hourly chart.
2. Triple hidden bullish divergence in RSI.
3. No real resistance based on the chart in Coinbase.
The 100% measured move is at 1.5573 US dollars.
1. A candle just broke out in a symmetrical triangle in the 4 hourly chart.
2. Triple hidden bullish divergence in RSI.
3. No real resistance based on the chart in Coinbase.
The 100% measured move is at 1.5573 US dollars.
Trade active:
A potential ascending triangle is forming now. If the price holds above 1.2 USD, the trade is still effective.
Trade closed: stop reached