KNC prices have demonstrated predicatbility in movements, as they are trapped into this channel.
If history repeats itself, given than support its holding, we might target the upper bound of the channel.
Macd is showing a bullish reversal too.
Be careful because a trading competition on DeFi tokens is going on, thus increased volatility might be expected.
Buy...
Symbol: KNCUSDT, KNCUSDTP
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes: 15M -12H
Signal: Blue -> Green
Context: Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing...
With the recent release of KYBER DAO and Katalyst two weeks ago users are staking their KNC as we speak in anticipation of the first payment to be released to the staker in less than 12 hours. The Kyber DAO protocol collects fee when trades uses the Kyber SWAP to swap their units without use of a centralized exchange. This massive jump in DeFi (Decentralized...
This is just a scalp trade short-term and not long-term.
Short entry : 1.847
First target : 1.78
Second target (optional) : 1.745
Third target (optional) : 1.685
Last target : 1.65
Long-term I've seen KNC forming a possible double top pattern waiting for a confirmation of a...
I was browsing through alt lists and found an interesting bubble.
It looks like KNC created triangles just like other alts but is on the verge of a breakout.
I would wait if it breaks here or sees if it continues to squeeze.
Good luck guys!
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This week in the world of crypto @intotheblock discusses the launches of two protocols, Kybernetwork's katalyst and cardano.
and More interesting fundamentals coming. very Bullish from here.. can we go 800% return end of august?
Assuming the elliot wave count, there is a potential 1 more wave up to complete the 5 wave structure. During the complex 4th wave which usually forms a flat pattern. During the flag pattern which is the accumulation zone, the price forms a descending type of the triangle. However, what I've experienced mostly whenever there was a descending triangle in the 4th...
