It’s quite delicate to trade these day while BTC has been ranging between $28600 – $30800.

However, there are some coins with good volatility and with clearer trend: KNC is among these coins.

In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence .

This week, it would reach $2.77. At this resistance level , it’s very likely that KNC would be rejected and be thrown back to $2.4 or even lower, to the lower trendline, eventually.