KNC TO $4+ IN THE COMING MONTHS - BE PATIENT MY CRYPTO FAM
If you bought KNC near its recent ATH, do not fret, more upward momentum is yet upon us.
As you can see we have bullish descending triangle that is nearing its formation lifecycle.
Fundamentals are strong as Kyber Network has included Chainlink into its protocol.
KNC only has 180M coins in circulation while LINK has 380M. Basic FA shows we should theoretically see a price that is at least 2x of LINK's current price.
I stand firm by my $4 price target by end of Q3.
As you can see we have bullish descending triangle that is nearing its formation lifecycle.
Fundamentals are strong as Kyber Network has included Chainlink into its protocol.
KNC only has 180M coins in circulation while LINK has 380M. Basic FA shows we should theoretically see a price that is at least 2x of LINK's current price.
I stand firm by my $4 price target by end of Q3.
ملاحظة
For clarification: Descending Triangles are usually bearish, however they can also be bullish because of a potential reversal. We have a lot of support holding around the $1.60 price range.ملاحظة
We are forming a falling wedge (bullish) with price having dipped below $1.50ملاحظة
Updated chart: tradingview.com/chart/TrIPqA44/
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.