🐳 $KGEN 4-hour death cross, looking at it from the perspective of holding positions:
The bullish momentum bars have continued for 19 four-hour candles, which means buyers have been in control during this period, and now chasing the rally is starting to lose steam. After the rise, there are quite a few profit-taking positions, so watch whether big holders will use the rebound to reduce positions.
What’s your gut feeling?
#KGEN
The bullish momentum bars have continued for 19 four-hour candles, which means buyers have been in control during this period, and now chasing the rally is starting to lose steam. After the rise, there are quite a few profit-taking positions, so watch whether big holders will use the rebound to reduce positions.
What’s your gut feeling?
#KGEN
