Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KNCUSDT
Here you see R1 as the resistance line which expresses the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas that include the support of price at several points. We have the fluctuation of price in an ascending channel below R1 and we predict it to fall to S1 and then here we must wait for some rising signs. In case we receive some confirmation candles, we expect a rise for the price to R1 and our long position is activated. But if the price loses the support at S1, more decline is waiting for that.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KNCUSDT
Here you see R1 as the resistance line which expresses the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas that include the support of price at several points. We have the fluctuation of price in an ascending channel below R1 and we predict it to fall to S1 and then here we must wait for some rising signs. In case we receive some confirmation candles, we expect a rise for the price to R1 and our long position is activated. But if the price loses the support at S1, more decline is waiting for that.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck