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Kyber Network / Bitcoin

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KNCBTC trade ideas

Kyber Network Analysis- Bullishly diverging RSI - Volume picking up - All time low support now And there is some good news coming up: - The team behind the Kyber (KNC) protocol recently released its plans for 2019 which includes the major objective of making its protocol capable of operating on all smart contract-enabled blockchains. The announcement displays Kyber’s continued focus on its mission of ‘Any Token, Anywhere,’ which now includes the expanded goal of building a world where any token of value can be used anywhere for swaps in any wallet, payment services, or financial product. The team also seeks to strengthen the Kyber community so that it can begin making protocol direction, implementation, and treasury decisions. (JF) Coinbase is also listing more and more ERC-20 Tokens, So good chance that Kyber will come too. Remember that: Vitalik Buterin from the Ethereum platform also owns $24,000 worth of Kyber Network (KNC) tokens. Cheers, Vincent.
Long
by R2BTC2
1
KNC within a falling wedge pattern with daily bullish div. KNC/BTC is currently within a falling wedge pattern with daily bullish divergence showing on the RSI and Stochastic. I think we could see it break out pretty hard if Bitcoin and crew can remain stable for a few days. Daily Stochastic is looking to get a bullish cross-over, so we could see KNC run pretty hard if we get the upward momentum going. If we break out, I wouldn't be surprised to see price run up to/near the 100 day moving average around 4500-4700, as it coincides with the top of the falling wedge which is typically where the price will run up to in these type of patterns. Entry: 3400-3500 Target 1: 3700-3750 (Downward sloping resistance line of the falling wedge, 10/20 day moving averages.) Target 2: 50 day moving average (currently 3925) Target 3: 100 day moving average (currently 4632) SL: 3250 Moving average guide: 10 MA in Orange 20 MA in Pink 50 MA in Green 100 MA in Yellow 200 MA in Red -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk.
Long
by Deftsuo
2
KyberNetwork Coinbase Ethererum HardFork Plasma AtomicSwap Crypto is not working like Stocks. You can't draw a perfect TA - but you can see some indicators like double bottom. Only, project roadmap, market and some news pushing price forward. Kyber working with Vitalik as Advisor. We know HardFork for Ethereum is on the door. Volume of Kyber increasing and some new partnerships also done. ICO Price was 1ETH = 600KNC, now 860KNC 1KNC was 0.5$ now like 0.135$ Marketcap is now near to 22Mn$ ZRX (RadarRelay) is now at 180Mn$ There is a lot of room to growth. My target's are 0.55$-0.65$ in februar 2019! Good luck all and dyor!
K
by hypercraft