This triangle pattern which has a hidden [find it in daily tf] gigantic cup & handle inside of it has been developing since the infamous 2017 Alt Coin Rally.
KNC is the most honest brand in cryptocurrency today.
2021 Included mentions via St Luis Federal Reserve + Hand selected as a top tier leader in the Defi space by 3 Arrows Capital.
This is what transparency looks like.
* Price target shown pending possible breakout to the upside.
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KNC v2 "Legacy Crystal" migration is going as smooth as digitally possible! {see Binance US price action ;)}
Soon Coinbase will be converting as well.... Make sure to stock up for the big show.
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This is a business.... And Kyber Network is a perfect representation. Bullish weekly recovery and one of the best performing overall assets since the "dip".
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The trend is your friend and Kyber is very friendly these days. KATANA is close....
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sit back and enjoy the ride.... Looks like we are taking the scenic route.
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she will not give up easily..... And the reward will be grand... Look at lower support levels on triangle for bounce. This is our last chance.
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you can count on KNC when you need too.... Respected lower tri supports and is now beginning another leg up.
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what more can I say about KNC.... She is the last of its kind.... For those of you like us still stuck in the Legacy version of this coin {coinbase} you are a strong, strong hand and on behalf of WEDC we commend you. Don't think for one second you will not be rewarded, Katana is near........
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This thing is heavier than any other token in the market, hands down.
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She really beats to her own drum. Triangle still in play.
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now she is holding by a hair, But then again I don't think I remember a moment when this entire industry wasn't hanging by a hair.
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This coin is a true gem. No matter what the market has thrown at her since 2017 she just keeps fighting. I like fighters.
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She has left the triangle and currently retesting.... Meanwhile this is happening as the rest of the crypto market is tanking, traditional markets sinking, and political drama stretching the entire globe.
My target is 8.5. for cup and handle completion. But at that point it's price discovery mode. Nice idea.
Wayne_Enterprise
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@StrongCelery, Thanks! the triangle extension takes us to that $10-11 region, combine that with the gigantic cup & handle + Legacy Crystal + the KATANA upgrade and I don't think we can lose!