$KGEN MARKET STRUCTURE INDICATES A POTENTIAL REVERSAL IS DEVELOPING 📉
The current price action for $KGEN suggests the corrective phase is approaching exhaustion. I am monitoring the support level established by the third wave for a diagonal structure to complete.
A bullish divergence on the lower timeframes will be the primary confirmation required to validate a long-term entry. Once this divergence is confirmed, the probability of a structural trend reversal increases significantly. Volume profile analysis remains the key metric to watch for institutional participation at these lows.
Are you tracking the divergence on the 4H or waiting for a higher timeframe confirmation?
Not financial advice. Always manage your risk.
#KGEN #MarketStructure #BullishDivergence #Crypto
🎯
The current price action for $KGEN suggests the corrective phase is approaching exhaustion. I am monitoring the support level established by the third wave for a diagonal structure to complete.
A bullish divergence on the lower timeframes will be the primary confirmation required to validate a long-term entry. Once this divergence is confirmed, the probability of a structural trend reversal increases significantly. Volume profile analysis remains the key metric to watch for institutional participation at these lows.
Are you tracking the divergence on the 4H or waiting for a higher timeframe confirmation?
Not financial advice. Always manage your risk.
#KGEN #MarketStructure #BullishDivergence #Crypto
🎯