Based on current RSI level and decreased volume, i am looking for abreak below the current fib wedge support.
This continued down trend finding support around $12 where the previouse trend line and current fib level intersects should adaquitly place the rsi in or near the over sood level.
Slippage below would be oppertunistic as the release of the first layer 2 protocol kaddex on the kadena network in the near future should provide a bullish pump from an over sold condition and putting price action into the flat bottomed broadening triangle. Typically a good price range for prices experiencing high volatility.
BITTREX:KDAUSD
This continued down trend finding support around $12 where the previouse trend line and current fib level intersects should adaquitly place the rsi in or near the over sood level.
Slippage below would be oppertunistic as the release of the first layer 2 protocol kaddex on the kadena network in the near future should provide a bullish pump from an over sold condition and putting price action into the flat bottomed broadening triangle. Typically a good price range for prices experiencing high volatility.
BITTREX:KDAUSD