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AlanSantana
Jun 30, 2021 8:12 PM

Kyber Network (KNC) Has Good Growth Potential Long

Kyber Network / BitcoinBinance

Description

KNCBTC has been printing higher highs and higher lows ever since it starting growing after the early January 2021 low.

You can see this marked on the chart with red trendlines, an ascending channel.

Currently, we see its price moving above EMA10, EMA21 and more importantly, MA200.

Moving above MA200 is a strong bullish signal.

The RSI is strong above 50; the rooms are open for additional growth.

The entire period since January can be considered a sort of "bullish accumulation" which will lead to a massive bout of strong growth soon.

The targets are marked on the chart with yellow squares.

Get ready...

Thanks a lot for your support.

Namaste.
Comments
relaw
Black line is MA or EMA? Which one? 200?
relaw
All in, and that project has really good FA.
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