KNC / BTC (4-11-18) - Chart Analysis for Beginners

in #altcoins6 years ago

KNC / BTC went down to 61.8% Fibonacci retracement area and bounced back.
It is @ 50ma and trying to close above 50ma.

  1. MACD is improving
  2. There are two resistances @ 0.00016306 area & @ 0.00017974 area
  3. Ichimoku lagging line crossed up the price bar

knc.jpg

Let's try to predict the price using Fibonacci Extension.
knc2.jpg

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