KNCUSD 6h TA Idea

By OlegDC
Updated
KNCUSD 6h-12h
Pulled some VPVR from different TF, and Fibb retrace, looks like 1.7 is good spot.
KNC has great volatility and Id totally expect deep retrace on that coins with very weak R/S in the middle. Would it be strong bull run, I might believe into shallow pullback, or GP in the best case. Looking at the chart and seeing zig-zags, swings are not rusty to go all the way.
Lets wait and see.
Comment
Surprisingly, KNC hold it position with this dump and retracing from GP.
I'd still wait another 24h to see what BTC and ETH would do
bbwpChart PatternsFibonacci RetracementTechnical Indicatorskncvpvr

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