Red and orange channels coincide at 0.618 Fib level. Also, on 20 MA, volume is increasing slightly and RSI sub 30. If that support is not breached, a rise can be expected to at least orange channel resistance.
There is also a bullish divergence as noted by glencastleberrry (tradingview.com/chart/KNCBTC/OWKKmX73-Bullish-divergence-on-KNC-Kyber-Network-2hr/).
kncKNCBTCkncbtclongTrend Analysis

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