KNC.usd near Key Support Levels: Bubble Popped? Healthy Retrace?
As you know, most Alts have been deflating while the King blasts upward.
KNC is now approaching what should the first of two STRONG support zones.
Need to see at least a strong bounce soon, and it might happen at these zones.
$ 1.3291 - 1.3437 is the IDEAL bounce level, preserving strong uptrend structure.
$ 1.0823 - 1.0970 is pretty much Bull's Last Stand, losing it would be catastrophic.
Up above, $1.83/85 has become strong resistance even before $2 round figure.
KNC is now approaching what should the first of two STRONG support zones.
Need to see at least a strong bounce soon, and it might happen at these zones.
$ 1.3291 - 1.3437 is the IDEAL bounce level, preserving strong uptrend structure.
$ 1.0823 - 1.0970 is pretty much Bull's Last Stand, losing it would be catastrophic.
Up above, $1.83/85 has become strong resistance even before $2 round figure.
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