In the short-term, KNC/BTC has been in a constant since early February. Looking at the 200-day and 20-day moving averages, it can be seen that this trend started to come up slightly, but overall continues in this trend.
The aligned with the 78.6% fib retracement level is the first push KNC had after hitting the lowest low, making it a strong to reverse the trend.
If the price starts to move in the direction before this, it will be hit by the given by the .
Important Resistance Levels: 15501, 17462
Important Support levels: 13203, 10636
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