csdailey

Target is $2.5

Long
csdailey Updated   
COINBASE:KNCUSD   Kyber Network
KNC has been doing phenomenal while the rest of the market dumps. Crypto is just following the stock market at this point. SPY is down, but likely at the bottom. Hoping for SPY to go up from here. KNC can easily hit $2.5.

My long entry: ~$1.88 and 2/3rds of my crypto portfolio is in KNC.

One of my concerns is that once the market recovers, which I am bullish on, interest in KNC will drop.. It's usually what happens.

$TSLA is also down 21% in the past week.
Comment:
Can someone explain to me what " Kyber 3.0 version with an updated DEX procedure" is and what potential dates are for this?

TBH I don't trade on news or tech.. I trade on momentum and runners. I essentially try to spot winners who continue to win.
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.