KNC retraces as expected

Today featuring KyberNetwork which pumped 200% before... Now let's see what progress it has made so far. Price retraces to 0.618 fib (golden fib). Based on textbook theory, it should start heading up if it still wants to shine. 0.618 fib is also in confluence with the daily Bearish OB. Stop loss at 5322. First TP 7713, Second TP 8758. Honestly don't want to promise butterflies and rainbows, so no TP 3. Daily 200 MA and 50 MA still have a lil bit of time before golden cross (if it crosses..)

Trade ativo:

KNC is runninggggggg