⚡ [SETUP RADAR] KNC/USDT (1h)
A 1h Rising Wedge is compressing near support at 79.4% maturity on Kyber Network (KNC/USDT) caught by ChartScout.
>>> TECHNICAL METRICS:
• Structure : Rising Wedge (79.4% Mature)
• Ascending Resistanc: $0.1167 USDT (3 Touches)
• Ascending Support : $0.1150 USDT (4 Touches)
• Current Level : $0.1155 USDT (Testing Support)
>>> STRATEGY WATCH:
Price is forming higher highs and higher lows inside converging upward trendlines. Rising wedges often indicate contracting upside momentum. Watch for volume confirmation on a 1h candle close below support or an upper trendline breakout.
⚠️ DYOR - Not Financial Advice.
#ChartScout #dyor #knc #kncusdt
A 1h Rising Wedge is compressing near support at 79.4% maturity on Kyber Network (KNC/USDT) caught by ChartScout.
>>> TECHNICAL METRICS:
• Structure : Rising Wedge (79.4% Mature)
• Ascending Resistanc: $0.1167 USDT (3 Touches)
• Ascending Support : $0.1150 USDT (4 Touches)
• Current Level : $0.1155 USDT (Testing Support)
>>> STRATEGY WATCH:
Price is forming higher highs and higher lows inside converging upward trendlines. Rising wedges often indicate contracting upside momentum. Watch for volume confirmation on a 1h candle close below support or an upper trendline breakout.
⚠️ DYOR - Not Financial Advice.
#ChartScout #dyor #knc #kncusdt
