A new reversal pattern has come to reinforce the previous signal of a possible reversal. All the last 5 candlesticks have long tails. That a sign of a local supply zone. Price may go as low as 45% or more before find the next important support at $2.30. Any thing can happen in the crypto market, be careful with your shorts. You can find my previous KNC TA below. Investing is a probability game. Try for consistency, there is no perfection in this. Not financial advice. Always do your own research.
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In this report i explain some important issues, most novice traders ignore and lose. time and money