Bingaz

KNC/USD- Retrace required for valid entry

Singkat
BINANCE:KNCUSD   Kyber Network
Kyber has seen some incredible gains over the last week but now finds itself in 'no-mans land'
No valid support to speak of....(but correct me if I'm wrong)
I think we will see a slow retrace to lower support before bringing new buyers in and some really solid gains.

Shorting now for position, but long over the next few months.

Alternate entry is a further break but I'd struggle to justify an entry so high. (Seems far too pumped already)
May take a while but I think the lower buy line is valid.

As always, not financial advice, just my own thoughts and TA.
Bingaz

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.