This is a look at KNC on the all time chart using a fib speed fan from its previous all time high while viewed on a LOGARITHMIC chart
Notice how on this run every leg has reached the next level of the fib fan which has acted as resistance until it finally breaks. You can see the next level we are moving to after this and you can also clearly see what is potentially the setup for the largest cup and handle setup in these crypto lands.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.