darkpiggie

knc btc big things coming

Long
BINANCE:KNCBTC   Kyber Network / Bitcoin
This could potentially outperform most of the altcoins.
The fundamentals are there, kyber 3.0 incoming.
The technicals are even better:
On small tf 4h: Inverse head and shoulders completing
volume breakout
rising rsi
macd looks good

On the bigger tf:

There is also a big inverse head and shoulders. The small tf reversal could propel the price to the bigger neckline, then we could have a small rejection there, before shooting very high.
ZRX/USD had a similar fractal pattern like this one, before exploding an astonishing 200+% in a week.
Obviously past performance doesn't have to imply it's gonna happen the same in this case, but often human behaviour is reflected the same way in every chart, that's why similarities are found.
Check out my other posts if you like this one.
Remember this is just an idea, always do your research before investing.
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