KNC's Bearish Clues are So StrongKNC (Kyber Network Crystal), a Coin which is Listed on WHITEBIT Exchange, is in an Ascending Parallel Channel. The Price Of This Coin in now Near the Top of the Channel Which means there is a High Chance that It would Start a Bearish Trend to Reach the Bottom of the Channel. The Price is also in a Small Rising Wedge Pattern as well, and also there is a Regular Bearish Divergence(-RD) On RSI . These Patterns and Divergence Suggest that The Price will Definitely Try to Bearish Soon! These Evidences are so Strong That we Might Even see a Break out From The Ascending Channel Happens Which would Decrease The Price to 3.3$. But Since There is no Break out we can Not Be Sure. But The Way to the Bottom Of the Channel Can be Expected To Happen Soon!
-KNC is in an Ascending Parallel Channel.
-The Price is at the Top of the channel
-KNC is also in a Small Rising Wedge as Well.
-(RD-) on RSI
-These Bearish Signs are so Strong That Even a Break out from the ascending Channel Might Happen.
-Support Sits at 3.3$
🟡You can Buy and Trade This Coin at WHITEBIT Exchange!
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Thank you for seeing idea .
Have a nice day and Good luck
