Jesus8

KNC Overbought Signal, Showing Signs of Weakness

Short
BINANCE:KNCUSDT   Kyber Network / TetherUS
as shown the MACD has been consistantly declining and the overbought indicator is showing a similar bearish attitude.

It seems that the major wallet holders (top 10 have aprox 80%) are buying at volatile points (such as supports, resistances and retest) to maintain the price.

I expect there will be sharp selling (15%+) within the next few days.

Not fin Adv.
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