In our last analysis, we identified 2 areas where Kadena can reverse from. Our first level failed to hold and so now we are looking at the -0.27 fibonacci level. For confirmation, we can wait for daily bullish candle and to go further, we can wait for the break of the descending trendline to confirm reversal.
The key level to look at is the 3-4 area where we're anticipating a reversal.
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