Drewsified

KNC accumulation breakout

Long
Drewsified Updated   
COINBASE:KNCUSD   Kyber Network
Been following this KNC accumulation for weeks now.

Accumulation started this sideways channel back in June 2021. It finally broke out on 2/28/2022 and retested the breakout today 3/1/2022.

Price target is around 3.70 but wouldn't be surprised if it retested highs around 4.30.

Keep you eye on this one!

Not financial advice, just my opinion and view of the chart.
Trade closed: target reached:
Initial target of 3.70 hit today.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.