It's quite delicate to trade these days when BTC has been ranging between $28600 - $30800.
However, there are some coins with good volatility and with clearer trend: KNC is among these coins.
In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence.
This week, it would reach $2.77. At this resistance level, it's very likely that KNC would be rejected and be thrown back to $2.4 or even lower, to the lower trendline, eventually.
However, there are some coins with good volatility and with clearer trend: KNC is among these coins.
In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence.
This week, it would reach $2.77. At this resistance level, it's very likely that KNC would be rejected and be thrown back to $2.4 or even lower, to the lower trendline, eventually.
Trade closed manually:
Trendline was broken. This trade is invalidated.
As I mentionned above, BTC is going down and impacts heavily all other coins.
As I mentionned above, BTC is going down and impacts heavily all other coins.