BINANCE:KNCBTC   Kyber Network / Bitcoin
Had a bounce off the Kijun which signals good bullish momentum and continuation. Also currently forming a descending pennant as the volume aligns with that as well. A break of the pennant and we should see the next target at the 1.618 Fib level of the previous retracement which also happens to be the same distance as the pole.
This dosent look solid, can go anyway..
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L3gOnD diamondeye966
@diamondeye966, Yes, clearly has to break the pennant to confirm. A break upwards though would be a bullish continuation of the previous trend likely leading to a fib target.
+1 回覆
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