KNCETH has been forming a nice cup & handle pattern. Kyber has been delivering on their roadmap and establishing more new key partnerships so the price has been gradually moving up so there is demand for this project. Target for this one is about the 0.0029-30 range and this corresponds with a key fib ratio as well.
Bullish diveregence on the hourly BTCUSD chart, waiting for volume to confirm the bounce. A cup and handle is also forming on the 4hr and daily charts, but also needs to be confirmed.
Technically looks good as a rounded bottom and a following handle is visible on the chart. Also, mainnet launch for KNC, which is expected to be the dominant DEX this year, is also just a week away. Stood strong in the volatile market without any huge selloffs. First target is about the 0.0045 range and second target is around 0.0050.
BNBETH forming a possible head and shoulders pattern visible on the 1 & 4hr charts. A bearish divergence is also visible as the "head" in the pattern is with a lower RSI than the left shoulder. If ETH continues the bull rally this pattern will most likely materialize and we could see a retracement to the previous strong support level.
QTUMUSD hourly chart shows the formation of a rounding bottom maintainng the general uptrend with higher lows. For investors like me seeking to add QTUM to the porrfolio long-term, I think this will be the best opportunity to get some.
QTUM has been keeping its USD value dead steady after the huge run a week ago. It has been consolidating forming a rounded bottom against BTC and now as BTC started moving a cup and handle pattern is has formed. This is the 4-hour chart and potential upside of above 30% is possible if positive volume comes in.
