KNC/USDT : Breaking below the wedge, But still into channel!

30 Apr 2022

KNCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

KNC has formed an ascending channel and it's currently moving into it,
On other hand, there was a formed rising wedge that got broken by recent candles.
This rejection has come with an opportunity for us to locate our Short toward the channel's lower!

If you're not interested in the market's bias yet; Then you can wait for the channel's rejection and locate your Short on a proper retest of the broken channel...
Be advised that if any rejection happens below channel; Then the main support are $4.35 and $3.55!

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
Helical_Trades