KNC has very strict behaviour from it's respective market makers in terms of respect to most traditional technical indicators If the regression channel doesn't allow for a major move to the upside (and if bitcoin can continue ranging) I could see a tap on the fibs lowest level to initiate a move to re-test demand the local low set a few days back during terra event. Laid out like a meal on the chart - let me know what ya think
TIGHT STOPS - this mf'er loves to rip
Not
$2.8680 Peaked price went as low as $0.45 225 days later. King short.
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