KNC/USD - At support, $3 in play for wave 5

KNC is currently at a significant support line. There are reasons to think it will hold and push us higher. For that to happen, we need to break the diagonal resistance which so far was a hard one to crack.

KNC is getting squeezed in this blue apex between support and resistance. Expect price to react in the next few days, then aim to long or short it, as applicable.

A short should aim to find support at the top of wave 1 and a long should target $3.

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