KNC lost its wickless weekly trendline last week and rested this resistance yesterday.
I think for the rest of this week, KNC will go down to targets presented in chart. One more reason for this prediction is that BTC seems being rejected by the MA200W (in short term).
I think for the rest of this week, KNC will go down to targets presented in chart. One more reason for this prediction is that BTC seems being rejected by the MA200W (in short term).
Comment:
Even this trade was very profitable, it'd be better not to use weekly resistance/support when trading in much lower time frame (4H in this case).
KNC is 15% down at the moment of this comment.