Kyber Network (KNC/USD) has broken out of a triangle pattern in the wake of BTC's present correction and is currently rallying. Could it keep going all the way to the Ultra Sell Zone and beyond? Most likely, as my experience with KNC is that it is a VERY bullish crypto that loves to run. So we'll just have to see. I would set my target near the UBZ (Ultra Buy Zone) and SZ (Sell Zone) border as a limit buy and wait for a wick flash. You chose your own entrance and exit; everyone's trading style is a bit different.
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My sell zones are conservative, but that's because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My sell zones are conservative, but that's because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
Trade closed: target reached
Minimum Sell Zone Reached. Good job!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.