BINANCE:KNCUSD.P   KNC Perpetual Futures Contract
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

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