💎 KNC has recently demonstrated significant market dynamics. After a period of consolidation, KNC is currently showing signs of upward momentum, aiming to break out of the descending channel.
💎 A successful breakout could signal a shift towards upward movement, probability leading the price to retest the strong resistance area.
💎 However, if KNC fails to break out of the descending channel and faces rejection, the price may retreat to the support area around $0.57 to gather momentum for another attempt.
💎 A concerning scenario arises if KNC breaks below the support area, confirming a downward trend. In this case, the price could continue its descent towards the strong support zone or even establish a new bottom support level.
💎 A successful breakout could signal a shift towards upward movement, probability leading the price to retest the strong resistance area.
💎 However, if KNC fails to break out of the descending channel and faces rejection, the price may retreat to the support area around $0.57 to gather momentum for another attempt.
💎 A concerning scenario arises if KNC breaks below the support area, confirming a downward trend. In this case, the price could continue its descent towards the strong support zone or even establish a new bottom support level.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。