KNC lost its wickless weekly trendline last week. It seems retesting the trendline.
Because BTC shows some sign of weakness (after bouncing hard from $17Ks): it seems to form a double top and to revisit $17500. I think that we can short KNC from now (possibly DCA up to the trendline level).
20 minutes ago.
Because BTC shows some sign of weakness (after bouncing hard from $17Ks): it seems to form a double top and to revisit $17500. I think that we can short KNC from now (possibly DCA up to the trendline level).
20 minutes ago.
Trade closed manually:
KNC was not moving as expected.
Trade active:
BTC lost its momentum and is going down
Comment:
TP1 $1.186 was reached (+17% profit)