Short

KNC Market Making Magic

KNC has very strict behaviour from it's respective market makers in terms of respect to most traditional technical indicators
If the regression channel doesn't allow for a major move to the upside (and if bitcoin can continue ranging)
I could see a tap on the fibs lowest level to initiate a move to re-test demand the local low set a few days back during terra event.
Laid out like a meal on the chart - let me know what ya think

TIGHT STOPS - this mf'er loves to rip
Note
$2.8680 Peaked price went as low as $0.45 225 days later. King short.
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