Kyber Network Crystal v2

On the above 2-day chart price action has corrected over 90% since the sell signal (not shown) in April. Now is an excellent moment to be long. Why?

1) A strong buy signal prints (not shown).

2) Regular bullish divergence . Lots of it. This divergence is measured over a 40-day period. Look left - blue circles. This divergence includes MFI (Money flow) - Follow the money.

3) Falling wedge breakout.

4) It is beyond ridiculous how well the Fibonacci re-tracement measured the previous cycle tops. The 4th cycle top is amazing if the pattern repeats.

Is it possible price action falls further? Sure.
Is it probable? No

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 50x

Trade active:

30% in 4-days.

Comment:

Making excellent progress. But then again so is everything. Everyone should be seeing a minimum of a 50% increase on their portfolios since the year began, if not then you're doing something incredibly wrong, i.e. day trading?!

Trade active:

GRM support confirmed.

Comment:

testing GRM

Comment:

This would be an excellent moment.
Excellent as in buying DOGE in November 2020.

Comment:

Mention DOGE for no other reason than the same signal that printed then now prints on KNC.

Comment:

Was it luck? Was it looking left?

Trade active:

on support

Comment:

Support confirmed. Never fails to impress watching sellers sell into support. Emotions are a money killer.

Comment:

On the last update ‘support confirmed’, here was the candle for that update. Notice how the following candle was red. For confirmation the following candle needs to be green. Sorry about that.

Looking onwards..

For the third time this year a high probability signal now prints.

Past resistance is at 50 cents. A green candle prints + a green confirmation candle with the body closing higher than the previous.

Trade active:

los gehts

Trade active:

Price action moved up 45% on the last "Trade Active".

This time, 45% will seem like a ripple versus a Tsunami as a 2-day life cross prints.


2-day

Trade active