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DEX

KMD THE SLEEPING GIANT Breakout confirmed + Bitcoin Hush AIRDROPKOMODO will likely emerge as one of the most liquid privacy coins in 2018, and I would suggest anybody to look into the huge potential it has for this year! They have an open-source project that is making waves in the blockchain technology. Leading 1st place with over 30,000 Atomic Swaps, its BarterDEX technology hopes to create a decentralized exchange (DEX) for Bitcoin, bitcoin-protocol, as well as other SPV Electrum-based coins. Not only this, but it utilizes something called JUMLR which is an anonymizer that allows individuals to mask their trades. More recently, Komodo has got an Airdrop coming up with Bitcoin Hush and some planned further announcements coming up like a New Website Launch. I'm sure more marketing will get pushed as they go LIVE and attract more investors into their community. As we seen in December, this coin can rally fast so lets check out what it offers. TA - On the DAILY: - Recently broke descending triangle pattern - Heavy rejection on 50,000sat support level - MACD crossing supports bullish movement - RSI moving (also a good short-term BUY) My Trade Idea: BUY: Below 63,000sats SHORT-TERM (1-2Weeks) Target 1: 70,700sats Target 2: 79,000sats MID-TERM (1-2Months) Target 87,600sats Target 4: 98,000sats (0.618 Fib) STOP-LOSS: 44,000sats PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice! SOURCES: komodoplatform.com twitter.com medium.com
KShort
by Benjiman7953
4
$KNC Trading Idea & 2018 Price Projection for #KyberNetworkFundamentally, the Kyber Network Project revolves around the formation of a Decentralised Exchange (DEX). For those that aren't aware what this means: (A) I highly recommend doing a bit of research into this topic. (B) I believe 'Decentralised Exchanges' are going to be very successful at creating a "Buzz" in the Crypto Community, considering one of the main attractions Bitcoin is Decentralisation and yet the vast majority of the buying, selling and trading occurs in centralised exchanges. * Note: Centralised exchanges create multiple problems, specifically the fact that tokens are held by the exchange which makes it a "Honey Pot" for hackers, as well as potential disasters relating to mismanagement and/or bad actors that have plagued the space in the past (i.e. Mt. Gox, Cryptsy & Mintpal). The $KNC token entered the marketplace in late September, straight into the down-trend that the entire Altcoin market had experienced in Q4. Fast forward to 2018, it is becoming clearer that #AltSeason is upon us, meaning the entire Crypto marketplace has pivoted, creating some fantastic investment opportunities in the Altcoin markets. Make no mistake, once the platform is launched (Scheduled for Q1 2018) and people begin to shift their trading activities to this and other decentralised exchanges, the DEX space will change the game. With that in mind, I believe the Kyber Network has the potential to garner a significant piece of this lucrative pie. For more information on the Kyber Network project go to: kyber.network coinmarketcap.com
Long
by MasterOfCoinage