UnknownUnicorn2435735

KNC bottoming in a few hours

Long
BINANCE:KNCBTC   Kyber Network / Bitcoin
Red and orange channels coincide at 0.618 Fib level. Also, on 20 MA, volume is increasing slightly and RSI sub 30. If that support is not breached, a rise can be expected to at least orange channel resistance.
There is also a bullish divergence as noted by glencastleberrry (www.tradingview.com/...C-Kyber-Network-2hr/).
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.