$KGEN Past day +20.3%; last four hours -6.7%, BTC -0.5% over the same period | Bearish bias ↓
Over the last four hours, KGEN has fallen much more sharply than BTC, making relative weakness the basis for a short-term bearish bias. However, it is still up sharply over the past day, and the current pullback is not enough to say the longer-term trend has turned weaker. I’m keeping the context of the strong rally in view and not treating the four-hour decline as a full reversal.
Two-hour view | See chart for reference price and review time
Over the last four hours, KGEN has fallen much more sharply than BTC, making relative weakness the basis for a short-term bearish bias. However, it is still up sharply over the past day, and the current pullback is not enough to say the longer-term trend has turned weaker. I’m keeping the context of the strong rally in view and not treating the four-hour decline as a full reversal.
Two-hour view | See chart for reference price and review time
