Kyber network stuck in a range KNC

Kyber network on both the BTC and USDT chart has had some serious sell off over the past few months and has been stuck in a nice range for a few weeks on the USDT chart.
Im expecting to see a descent pause on the KNC/BTC chart and a short term recovery to reclaim some previous liquidity zones.
If we see that reversal or recovery on the sat chart and BTC holds its current position and consolidates for a week or so i expect to see the KNC/USDT chart have some huge upside for a while.

Looking to enter long on low leverage from the demand block at the bottom of the range but its a critical point ill be watching closely.
If it breaks this bottom im out as the trades invalidated.

Looking to manage the trade at the supply block at the top of the range and then again at the smaller resistance level around 1.186 heading into that previous consolidation.
still a good 7:1 trade catching the bottom of this range so worth a shot for my style of trading.

Giao dịch đang hoạt động:

we got a perfect touch on that lower channel with a descent buy back in the zone, hasnt been a huge rally off this level just yet but happy to wait and see from here
either way looking good

Đã hủy lệnh:

ophh nasty sell off broke the level never got an entry so no harm done