With all the "blood" in crypto, KNC is still holding a bullish trend and is bouncing off the 50% retracement. 4HR RSI also turning positive (need to wait for closing of candle). This and the very solid fundamentals and news make this my favourite coin:
11th of Feb Mainet Pilot Launching
28th of Feb Wallet Launch
31st of March mainnet supporting trading between...
The price movement of Kyber Network has created The Ascending Triangle Pattern and in this scenario this pattern is considered as continuation for the price action which is upwards.
MACD & RSI supports upward movement. The price has already breached resistance level few times and returned back inside the triangle leaving long wicks behind. It is important to wait...
Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher...
so knc is definitely going to hit .00049 (the question is when) if I my vision serves me correct and cup and handle is forming... (we are now in the handle part) I would scale in between current price and .000365
Break 40k on decent volume. Retest and hold.
Put stop slightly below 40k line.
Be wary of bitcoin price action. But so far have been holding great. BINANCE:KNCBTC
I been watching ADX/BTC for a while now and has just had a cross on the MACD and 9/30 EMA on the hourly. I bought in at 16810 sats when it had cleared on the 15min chart but would wait to see if it continues before buying in. Seem to be stuck around 17500 sat currently but big buy orders in the order book.
Good Trading
NOTE: I know it says KNC but I cant seem...
Have been watching this one for a few days. Forming an ascending triangle and looks like it could run. Mainnet launch coming up in a few days blog.kyber.network
Cryptocurrency Market Capitalizations Rank 54 Kyber Network (KNC)
Skywatchers are in for a rare treat tomorrow (Jan. 31): a Blue Moon, a total lunar eclipse and a supermoon all at the same time!
Oops, we are traders, not skywatchers, but we find KNC/BTC 3.12% has a potential to reach its blue moon.
An ascending triangle structure is forming at this moment....
Huge cup n Handle......KNC has some good partners, like ICX. Looking for a break upwards from this Handle on increased volume. Assuming Bitcoin can behave herself.
trying here, totally open to feedback
$KNC Trade : KyberNetwork is a system which allows the exchange and conversion of digital assets.
Buy Price : Under 33k sats
Targets:
TP-1 40k sats,
TP-2 48k sats
TP-3: Moon in March
Stop Loss below S1 support: 29.3k sats
Catalyst:
- Partnership with ICX as we mentioned in earlier posts.
- Wallet Release in Feb
- Mainnet Launch in Martch
As KNC bounces off the 786, I am looking for a potential short-term double-top pattern, if retracement holds at the 618, I would expect traders respect the value as support is made at that level.
If these conditions are met, Market Traders would be looking for a short-term run up to the 1.272-1.414 Extension for short-term profit taking. 11% Gains if these...
