Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 7th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 27.35% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 17: Toshi enabled the ability to trade on Kyber Network using the...
Look at the chart and note the support and resistance lines that would MAKE the cup and handle not out of thin air. If it holds the trend lines and support it we could see a big move after!!
Red and orange channels coincide at 0.618 Fib level. Also, on 20 MA, volume is increasing slightly and RSI sub 30. If that support is not breached, a rise can be expected to at least orange channel resistance.
There is also a bullish divergence as noted by glencastleberrry ().
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.
KyberNetwork, a trustless decentralized exchange and payment service.
You guys can go read more on the white paper.
There isn't much updates on Kyber at the moment to cause such a rally in price in a few days.
I believe there may be a correction along the way, so I'm waiting to enter at a better price if possible.
I have indicated a few areas to enter for you...