Kyber(KNC) has been COnsolidating for a while now..
REcently KNC was added to some exchange which caused the PUmp...
we have some confirmations from 50 EMA + a symmetric triangle is in play
targets are based on FIB extension levels 1.27 to 1.414 which can be changed in future depends on market condition
GOod Luck
Kyber Network has found the bottom at $0.8, after which it broke above the downtrend trendline and went back down to $0.8 support area, where the double bottom seem to be formed.
Each time KNC/USD approached the $0.8 area it formed a bullish divergence on the RSI oscillator suggesting the trend reversal. Now it looks like a very attractive price as well as I...
Would like to see a bounce off the bottom. Would cut losses before a dip under $.70, don't have the perfect exit outlined as we will need to follow price for a reversal. Looking for KNC to set higher highs and higher lows.
