KNC Next Leg UpHad a bounce off the Kijun which signals good bullish momentum and continuation. Also currently forming a descending pennant as the volume aligns with that as well. A break of the pennant and we should see the next target at the 1.618 Fib level of the previous retracement which also happens to be the same distance as the pole.
KNCBTC trade ideas
KNCBTC - Buy on Dips if possibleKyberNetwork, a trustless decentralized exchange and payment service.
You guys can go read more on the white paper.
There isn't much updates on Kyber at the moment to cause such a rally in price in a few days.
I believe there may be a correction along the way, so I'm waiting to enter at a better price if possible.
I have indicated a few areas to enter for you guys to consider.
Good luck, may the force be with you.
KNC/BTC showing strong upward trajectory Buy the dips and sell the highs
Or better yet, HODL. The charts are saying so, and the project as well:
- A new trading platform that will allow trading of smart contracts.
- We have seen other trading coins grow exponentially (Binance Coin, Kucoin)
- Vitalik is on the Board
$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
Kyber network 300% profit target! Mainnet upcomming!This was a technical analyse from my paid group. It was a big winner. Note: we don't have always winners, but we use good monemangement to stop our losing trades fast and ride the winners. :)
But I wanted to share it with everybody, because I really beleve we will hit the other targets also!