AlanSantana

Kyber Network Looking Strong

BINANCE:KNCBTC   Kyber Network / Bitcoin
Kyber Network (KNCBTC) has a completely different chart compared to most other altcoins, which all look similar in many ways.

Here we have the ATL hit in August 2019 and bullish since... After the price peaked, we have strong support in the light blue area.

Since this area has been holding strong since March, the price can easily continue to move higher.

KNCBTC is likely to hit a new high (higher high) since we are looking at higher lows on the retrace and the green trading volume bar is much bigger than the previous few.

The indicators are also looking strong and bullish (RSI and MACD).

This is what we see when looking at this chart.

Namaste.

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