#KNC Trade-setup $knc

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Knc expected trade setup after retrace around 61.8 region.

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ملاحظة

#KNCBTC is down 12% after the 50DMA rejection yesterday.

Buy, if the support confluence region around 1400 holds, comprising of the trendline, 10DMA and 4H 50 sma levels.

4H 50 sma(blue) is strong support for KNC

Target 1: Trendline resistance
Target 2: 61.8fib
Stop: 1200