KNC/ETH: Accumulation opportunity

2018年2月20日

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!

2018年2月24日

註釋

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

2018年2月26日

交易進行

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

2018年3月2日

註釋

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