KNCUST Elliott wave countKyber network may have been bottomed @ 0.3561 after wave (v) of ((c)) finished as an ending diagonal.
Above 0.41 and clearing 0.53 we are looking for 5 waves to clear previous wave (iv) of wave ((c)).
For up trend Wave (i) an expending leading diagonal and wave (ii) bounced into 0.618 fib retracemen
KNCUSD Elliott wave countKyber network looking good with a lot of accumulation, more than 1.6 years, above 0.618 fib retracement.
You see here how good are Fibonacci levels acting like support and resistance.
Above 0.4644 and clearing 0.8157 we are looking to the upside.
We will post updates soon with an intraday count.
Hi
KNCUSD full retrace likely before the accummulationKNC lovers probably won't like this analysis but it's time to face the truth.
As the bear market continues it is very likely that KNCUSD will do a full retrace before the accummulation phase.
If it had to happen the price would drop over 98 % from 2022 highs. Actually it wouldn't be anything an e
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