The last dirty manipulation before growth - #KNC

📌The liquidity work below is very favourable, as well as the relatively short-term consolidation of three weeks.
At the moment I think the ideal scenario is a false takeout of POC($0.5949) to the upper boundary of the buyer's zone of interest.

📝After the 0.56$ stabbing, I expect to see a reversal formation and continuation of growth, with consolidation above #POC , test of 0.5 #Fibonacci level and full fil 4h imbalance at 0.7263$.

🔜I plan to enter the trade from аcurrent ($0.61-$0.56) levels.

🛑 Stop loss will be at the level of ($0.525)

✅First take ($0.6522)

✅Second takeout ($0.7263)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 29% of net movement.
#BinanceLaunchpool #ETFvsBTC

One of the tops of the past bull market is #KAVA

👀Price has been trading in a very long accumulation for the last year, within which we can see a significant amount of manipulation on both sides of the range.🕯

At the moment we failed to hold the strong volume level of #POC and entered the zone of buyer's interest, where we show minor strength on the buyer's side.

📉In the short term, the main scenario I highlight is the continuation of the decline with the renewal of the historical low of $0.514, from which I expect to see a very strong buyback and reversal of the global trend.

📌Medium-term after ATL update I expect a strong uptrend formation with consolidation above POC(0.8126$) and a test of the seller's zone of interest.

📈Globally, I will pick up long position starting from current price values to 0.514$ with a target in removing the global swing high of 2.3514$, which is more than 360% of the net market movement.
#CryptoWatchMay2024 #buythedip #BTC