Congratulations 🤑🤑🤑🤑🤑 to those who have carefully studied the previous analysis and entered and waited .
price touched lower line of channel between target 1 and 2 .
and now KING has an important resistance (7110-7185) and an important support (6930-6970) .
if it can breaks resistance then it can go up until 61.8%fiboret (7914-7991) and maybe higher .
but if it can't break resistance and breaks support , it can go down until at least lower line of channel or maybe lower at 38.2%fiboret (6336).
price touched lower line of channel between target 1 and 2 .
and now KING has an important resistance (7110-7185) and an important support (6930-6970) .
if it can breaks resistance then it can go up until 61.8%fiboret (7914-7991) and maybe higher .
but if it can't break resistance and breaks support , it can go down until at least lower line of channel or maybe lower at 38.2%fiboret (6336).