Head and shoulders pattern, if you're in now get out and try to get back in later, still think this coin has lots of potential but it will drop
Everything is pointing in that direction. This type of ascending triangle pattern is a continuation. It is Printing higher highs and lower highs. The RSI on the daily is Bullish. The STOCHS just crossed over bullish on the daily. The ADX just crossed bullish but needs a little more work and I like how the 50 DAY EMA is holding up the lower highs and how it lines...
Looks like a LINK back before LINK popped off into double digits
With BTC looking like it's about to run up to test the $13,800 range KNC will likely take a sizable dip in response as BTC siphons from the smaller alt coins. I'm expecting KNC to drop to/just under the rising trend line likely around $1.62 at it's low with KNC recovering and retracing its position back up in short time when BTC stalls after it's run. This...
very bullish setup here. get it before it pops
KNC looks primed for a breakout imo. The previous period of consolidation was followed by a swing to the upside which was turned down by the $2 sell wall. We had a few days battling with $2 sell wall but sellers weren't able to bat KNC far away - currently ranging in consolidation box two. The more a resistance gets tested the weaker it gets. It's only a matter...
Nice price and volume pattern, wants to push towards $2 then $2.7
Looking at this massive cup and handle for KNC, possibly leading to a cup-within-a cup. Short term target 3.00-3.30. What are you looking for with KNC?
A lot of times, Crypto charts mimic themselves, especially the Alts. While LINK usually leads the pack being the strongest, there are some times when other alts follow in the direction of it, due to its strength. Let's keep an eye out on KNC and we can maximize profit when the price drops back down if it hits the high first.
First impulse broke out of a ascending triangle. Measured moved matches FIB. 1.272 Not extremely over bought on rsi readings. Here is the 1hr retesting the trend. this next hr could give a 4hr bullish engulfing candle.
Interested to hear other's thoughts. I'd actually done this at the start of the move through the upper trendline (where blue line starts) but didn't think to publish. We can see KNCUSD grappling with the upper trendline of the bullish flag after a long period of selling, bias is now bullish imo but I would be hesitant to enter here as there is still a big...