KNC Ascending Broadening Wedge | Expansion Phase at Key Support
KNC is forming an Ascending Broadening Wedge on the 4H timeframe, marked by expanding volatility and higher lows.
Price is currently reacting near the lower boundary of the structure. Holding this zone keeps the bullish expansion scenario active, with upside continuation toward upper resistance zones. A confirmed breakdown below support would invalidate the setup and open downside continuation.
This structure favors volatility expansion rather than range contraction.
Price is currently reacting near the lower boundary of the structure. Holding this zone keeps the bullish expansion scenario active, with upside continuation toward upper resistance zones. A confirmed breakdown below support would invalidate the setup and open downside continuation.
This structure favors volatility expansion rather than range contraction.
Market Structure • Price Action • Crypto Updates
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🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.