There is a possibility of a 4th valley forming before we skyrocket, or we might just explode from here.
KNC/btc formed an inverse head and shoulders pattern, not a big quality one, but it's still decent.
It could also be interpreted as an ascending triangle. The long wicks distort the chart, but nothing goes perfectly in chart analysis.
In any case, either we consolidate some more around the 3700 levels or we shoot up from here.
Remember to set your stop losses accordingly and good luck with your trades.
Check out my other posts, and hit that like button if you enjoyed it!
Not a financial advice, just an idea
KNC/btc formed an inverse head and shoulders pattern, not a big quality one, but it's still decent.
It could also be interpreted as an ascending triangle. The long wicks distort the chart, but nothing goes perfectly in chart analysis.
In any case, either we consolidate some more around the 3700 levels or we shoot up from here.
Remember to set your stop losses accordingly and good luck with your trades.
Check out my other posts, and hit that like button if you enjoyed it!
Not a financial advice, just an idea