This is a 45 minute chart. Recently broke a Descending Triangle on the positive chart. I am waiting for the price to cross above the 200 MA and show some volume before getting in.
This is a short time frame but unless KBC breaks UP out of a Descending Triangle and retests with a bounce up again... still staying out of this coin. Also needs to get above 200 MA and confirm uptrend for a few hours.
KBC is getting to the 0.786 Fib line and MAYBE finally seeing a bounce. The 200MA has moved down below the 0.5 Fib line and maybe price can cross up/over it. Would be watchful this coin could move hard on news. After a 200MA crossover an upward channel may be possible. KBC has ridiculous marketing and looks like KBC-Connect if you get me. BUT they have some...
I am insane this is not financial advice! KBC took a hit during the market pump. It was trending down before the market pump. Not sure if it needs to dump further or move up now. Either way my buy in will be after crossing the 200MA on the 45 minute chart. After crossing the 314MA start watching close. If it pumps through both, very good sign.
This is a 45 minute chart. KBC is below the Moving 8, broke below upward channel, and is about to either bounce off 200 MA or dump through. It is Boom Time, but which way?
Would like to see the ADI at or above 25 (or at least trending up). Price is below the 200/314MA's (white and blue). All standard indicators are on the up and up on the 1 hour chart\u2028 If volume increases and a position can be taken with Stop Loss set in profit... well I am gonna go for it.
This is also the .0382 FIB line.
This is all based on 1 hour candles. The fibonacci retracement is from the accelerated dump in October. On around the 15 of Oct there was a spike and the fib lines match up well using that. The 200 MA is crossing Up/Over the 314 MA on the 20th of December. When the 200 is over the 314 it's always a stronger position for BTC. Also as of the 17th of December the...
Look how FIB works with the BTC pump this evening