Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.853). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . KNCUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 51.
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Trade closed: target reached
⋅
50.56% profit... Total Profit: 50.56% Closed trade(s): 50.56% Profit
Update Details:
Closed Profit: TP1 @ 2.027 touched at 05.30.2022 with 8.84% Profit. TP2 @ 2.178 touched at 05.30.2022 with 17% Profit. TP3 @ 2.317 touched at 05.31.2022 with 24.72% Profit.