I am brand new, learned the hard way, now I am hopefully pointed in the right direction. IF my analysis is correct I think as long as the lower trendline is maintained, we are in a very bullish continuation. If it breaks? Thats where I don't know... seems very bad if it does break lower trendline. Thanks for any feedback or jokes about a noob.
As you can see, bullish rising wedge on the chart. Target around U$2.30
Prominent DEFI token reaching support at 20 MA daily. 1,50 looking like a nice entry for short or long term long trade. What do you think ?
I wanted to provide a visual update for my KNC play. Zooming out on the 1D we can see a clearer picture on price action from a birds-eye view. In about 27 days we moved 155% and corrected slightly....the descending channel pattern itself is bearish, but the breakouts are HUGE. Will we see another 150%+ percent move by the end of August? We can only hope...
Was hoping for KNC to drop to ~$1.35-$1.30 but only got as far down as $1.44, which makes sense when you look further back (2017 + 2018) at how it was resistance (turned to support in 2020). I think that was the drop and believe we will now move up to the next resistance area of ~$2.20. Thoughts/comments? TG
As i shared before there was a great support of KNC/USD between $1,56-$1,54 a resistance at $1,68 but it coudnt pass $1,68 even it tried 3 times but it kept falling breaking $1,55 strong support and felt till $1,42 . Next Support level is $1,42 and then it 's $1,29. Till KNC/USD price stays below $1,56, it's possible to fall till $1,06 and possible to...
If you bought KNC near its recent ATH, do not fret, more upward momentum is yet upon us. As you can see we have bullish descending triangle that is nearing its formation lifecycle. Fundamentals are strong as Kyber Network has included Chainlink into its protocol. KNC only has 180M coins in circulation while LINK has 380M. Basic FA shows we should theoretically...
Volume seems to be gaining traction again, just keeping an eye out to see where this goes.
not liking the range we're currently in, somewhat of a bear flag going on. Looking for a small correction/move down to 1.30 -1.35 area before we continue to the upside. Thoughts/comments? TG
FTX:KNCPERP has been drawing a symmetric triangle for the past week already, this has been the 3rd bounce from the bottom trendline, looking to take advantage of the move, if it breaks out we will buy again on a retest. Entry: 1.5912 Target: 1.7395 SL: 1.5389 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into...
KNC/USD was on the huge move last week and has been ATH $2 since 2017 then started falling and rejected to fall below $1,55 three times also was rejected from resistance at $1,78 three times too Now its moving up and as it looks in the graph, if it passes above $1,67, it's next target will be $1,78 If it is rejected to pass above $1,67, i think this time...
KNC/USD has been rejected from $1,76 three times and it's likely to fall till $1,55
Plebian Peasants are trading Bitcoin while Coinbase GigaChads are aggressively buying ZRX Still one of the most undervalued Gems right now trading below a dollar imagine that... THis coin has major Silicon Valley funding , Coinbase Connections, the only DEFI project which have added more value to ETH than anything, THis is just the beginning of the rise of the...
This bull rally is likely due to the increasingly adopted Kyber Network protocols across multiple platforms, the successful advertising campaign and the announcement of the Katalyst and KyberDAO protocols. With their release (7th July 2020), not only will the token see slight deflationary pressure (appreciation of token value) from burning tokens, but also the...
HAPPY FOURTH If you followed my ideas on KNC since day one, you would be up almost 300%!! Congrats to who followed. *Strong support* -1.064 -1.2946 *New supports* that MAY be tested,These supports are important for continuation another leg up. -1.5877 -1.44 Since my last idea on the 30% correction went through perfectly , we find ourselves in a familiar place...