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.