This triangle pattern which has a hidden gigantic cup & handle inside of it has been developing since the infamous 2017 Alt Coin Rally.
$KNC is the most honest brand in cryptocurrency today.
2021 Included mentions via St Luis Federal Reserve + Hand selected as a top tier leader in the Defi space by 3 Arrows Capital.
This is what transparency looks like....
Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-No MACD / RSI /MA/FIBONACCI
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-no moonboy/crazy targets
-TA that...
KNC/USD pair successfully rebounded the support zone at $1.45 and the next levels to test are around $3.15. If the price successfully restest these levels, forming new ATH may be on cards. Else the price may yet again consolidate for the some more days before the next leg up towards the highs.
Watch for support at 1.45 to hold up. Spring forward going into Q3.
Expected resistance around 2.20 on any upwards price action.
Summer time madness hopefully for Crypto. If not, we could be entering a broader bear market cycle.
This is not trading advice. Please do your own DD. Like, Comment and Subscribe for more insights and analysis.
Looks like we've got quite the bearish few days on the daily. Long-term uptrend is in tact though. Saddle Up BuckO! Will be an interesting heading into Summer madness and FOMO is coming IMO.
Please always do your own DD and never base trades off my positivity. Just a messenger with mail to deliver.
This is a clear indication of very bullish chart formations involving Green Candles. The fact that there are a bunch of big fat green candles loaded up within the long-term channel is promising. Lol
Please do your own DD and like, comment and subscribe for more educational insights.
Blessings. One Love!
Kyber Network -
Price must break above the neckline in order for pattern to confirm. may backtest neckline. If confirmed, then $5.00 Kyber is in play.
Good Luck Traders!
BINANCE:KNCUSD
![KNCUSD: Kyber Network Legacy Crystal - [Lifetime Triangle] STLFRP](https://s3.tradingview.com/u/UH8Pljm8_mid.png "Kyber Network Legacy Crystal - [Lifetime Triangle] STLFRP")
