wyttsndrs

KNC may be a really good buying opportunity

Long
COINBASE:KNCUSD   Kyber Network
This Crypto has a really interesting 1 week and 1 month trend
I was interested in it at $1.7 and it has dropped another 15% in the last 24 hours
About 8 months ago this was 3x what it is now at $4
The volatility in the last 4 days has seen it jump $1.4 to $2 where it then fell back to the daily moving averages at $1.45
The bulls could violently buy and push it back up if they're frustrated with the movement back to the moving averages.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.