Kyber Network (KNC): A Very Rare Occurrence in this Pattern
SUMMARY
It isn't common at all for a Cup & Handle to become invalidated. For Kyber Network (KNC), that's exactly what happened. What started out as the handle formation declined lower than the lowest part of the Cup pattern (horizontal white line) and thus invalidated the formation (circle). So, does this mean that there is no hope for KNC? Not at all.
Let's take a look at the downward symmetrical triangle pattern of the price...it's very near the apex. Now look at the MACD which looks all coiled and ready....ready for what? Would this be the ideal time for a price breakout or a collapse? Technical Analysis helps to self answer such questions.
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You got to make sure you get those 10 POST done huh!!!
Your fucking post doesn't do shit for anyone investing in this coin!!! It is COMPLETE NONSENSE.
Information is power and you @haejin is empowering steemians.. Thanks for the analysis.
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What do you think personally, where the prices may go in future in KNC
I've been wondering the same, one of the least exciting.
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It looks interesting information abut cryptos but likely other business one should be very careful in short term and if possible opt the long term to be more profitable.