Technically looks good as a rounded bottom and a following handle is visible on the chart. Also, mainnet launch for KNC, which is expected to be the dominant DEX this year, is also just a week away. Stood strong in the volatile market without any huge selloffs. First target is about the 0.0045 range and second target is around 0.0050.
The price movement of Kyber Network has created The Ascending Triangle Pattern and in this scenario this pattern is considered as continuation for the price action which is upwards. MACD & RSI supports upward movement. The price has already breached resistance level few times and returned back inside the triangle leaving long wicks behind. It is important to wait...
Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher...
Break 40k on decent volume. Retest and hold. Put stop slightly below 40k line. Be wary of bitcoin price action. But so far have been holding great. BINANCE:KNCBTC
Cryptocurrency Market Capitalizations Rank 54 Kyber Network (KNC) Skywatchers are in for a rare treat tomorrow (Jan. 31): a Blue Moon, a total lunar eclipse and a supermoon all at the same time! Oops, we are traders, not skywatchers, but we find KNC/BTC 3.12% has a potential to reach its blue moon. An ascending triangle structure is forming at this moment....
$KNC Trade : KyberNetwork is a system which allows the exchange and conversion of digital assets. Buy Price : Under 33k sats Targets: TP-1 40k sats, TP-2 48k sats TP-3: Moon in March Stop Loss below S1 support: 29.3k sats Catalyst: - Partnership with ICX as we mentioned in earlier posts. - Wallet Release in Feb - Mainnet Launch in Martch
As KNC bounces off the 786, I am looking for a potential short-term double-top pattern, if retracement holds at the 618, I would expect traders respect the value as support is made at that level. If these conditions are met, Market Traders would be looking for a short-term run up to the 1.272-1.414 Extension for short-term profit taking. 11% Gains if these...
pure educational! chart is self explaining.
Ideas on the chart. Thoughts welcome.
KNC is one of a few decentalized exchanges which are going to be big in 2k18 (check also $ZRX and $BTS) Cup and handle foming. After going out if the triange we should retest resistance level- green line. Then straight moon :)
KNC is one of the most undervalued gem in the world of cryptos! Its always destined to be much higher than this tiny market cap and rate. Now, we have a solid Cup and Handle and I have marked 2 golden lines and these are my targets. This is a definite long term HODL, not much to say here :) PS: might just want to wait for the breakout (close on daily above...
Let's see if people still making deals with the mess.
Kyber gain +356% during the last 36 day period and only lost about 15-17% during the severe bleeding of Bitcoin. It is currently drawing a bullish flag and I suspect it may rally after the bleeding is done, to +356% over the next 31 days.
Verrrry bullish on KNC.... but in todays market with all the FUD its basically gambling.
Been holding KNC for a while (bought @ 2600 satoshi). Will now track it to see how much profit we can make. The big dump right now does not seem to stop the overall uptrend as we see it breaking the resistance @ fib 0.5 (still to be confirmed). If that is the case I feel the winning game could be on. At least I am game ;) I believe we can have +/- 60% profit on...
spotted. awaiting breakout from the handle channel
KNC/BTC is completing a cup with fractal. Currently capped at $600M, Kyber is the last project Vitalik Buterin (Ethereum Creator) will oversee; its bound to make strides in the future and hopefully join the top 25 coins group.
KNC will up with support XABCD and TriangPattern. Hold KNC Buy order : 30000 Profit target : 34400 - 38800 - 43000 - 47000 - 51000 STOP LOSS : 27000 TIME : 2-24 DAYS GOOD LUCK EVERYONE