After seeing a huge dump in the market, KNC may see a reversal ( double bottom )
Why you ask?
the market just wen over sold and the first bottom has been created but that isn’t a sufficient reason to open a long position.
That’s why I’m waiting for the price to get back into the purple rectangle and close above it plus an entry reason(it could be a big green candle or a chart pattern on the lower time frame).
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