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julio24albert

Binance Hot list coin July, 6th 2020 : KNCUSDT #2

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Kyber Network / TetherUS (BINANCE:KNCUSDT)  
julio24albert  
BINANCE:KNCUSDT   Kyber Network / TetherUS
Support and Resistance Fibonacci Wedge binancecoin cryptosignals
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supportandresistance fibonacci wedgepattern binancecoin cryptosignals
On the 2 hours chart, the price is trending slightly above the 55 EMA which acts as a strong dynamic support (yellow). Beside that the price is now forming a strong bullish falling wedges. This is however could be the action to complete ABC zig zag correction structure. I will only catch the B wave which align with the golden pocket zone as well before shorting the C wave. Just like usual, open long position when the price breaks out of the upper line of the falling wedges.
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