KNC/ETH: Accumulation opportunity

업데이트됨

As KNC continues in freefall after breaking through its first support, it won't be long until it reaches the strong lower support. As indicated historically using a combination of the Stochastic RSI and BB normalized RSI, when both indicators agree, a rally quickly follows right after. This being the case once more, and now displaying a descending triangle, a breakout is likely to happen soon. Buying right above the support is ideal, assuming it holds after being tested. Trade cautiously friends!

노트

Interestingly, KNC inches closer to the tip of the triangle without any signs of breaking out... yet. We must be patient.

액티브 트레이드

Now is a good time to buy, support holding fast.

노트

We've gone down under, but hope remains! I'm in for the long run.