KNC´s Wyckoff Spring

Aug 23

- Kyber network broke range lows two weeks ago, however, with that range reclaimed, this is now a likely bear trap
- target of this alt roughly 200% higher

Sep 2

Note

Trade idea invalidated. With the latest weekly candle again closing below the macro range lows, the bear trap scenario is likely wrong. Thesis that this is a macro distribution range should now be at the forefront.