THIS IS MY BEARISH TREND ANALYSE. WAIT FOR FALL BACK PREVIEWS SUPPORT AND RESISTANCE ZONE AND WAIT TO HOW TO RESPECT FOR PRICE IN ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT YOU CAN SELL YOUR ODER LH LEVEL HOWEVER WAIT FOR STRONG PRICE BREAKDOWN TO BEARISH .GOOD LUCK
KNC/USD pair successfully rebounded the support zone at $1.45 and the next levels to test are around $3.15. If the price successfully restest these levels, forming new ATH may be on cards. Else the price may yet again consolidate for the some more days before the next leg up towards the highs.
This triangle pattern which has a hidden gigantic cup & handle inside of it has been developing since the infamous 2017 Alt Coin Rally.
$KNC is the most honest brand in cryptocurrency today.
2021 Included mentions via St Luis Federal Reserve + Hand selected as a top tier leader in the Defi space by 3 Arrows Capital.
This is what transparency looks like....
Watch for support at 1.45 to hold up. Spring forward going into Q3.
Expected resistance around 2.20 on any upwards price action.
Summer time madness hopefully for Crypto. If not, we could be entering a broader bear market cycle.
This is not trading advice. Please do your own DD. Like, Comment and Subscribe for more insights and analysis.
Looks like we've got quite the bearish few days on the daily. Long-term uptrend is in tact though. Saddle Up BuckO! Will be an interesting heading into Summer madness and FOMO is coming IMO.
Please always do your own DD and never base trades off my positivity. Just a messenger with mail to deliver.