DU09

KNC/USD - Market dumps, what does KNC do? PUMP 🚀

Long
BINANCE:KNCUSD   Kyber Network
KNC showed a lot of strength today by pumping to a new high while BTC/ETH dropped 9%!

This shows interest in KNC is exploding and volume shows this as well. The indicators are as bullish as they can be and so is price action.

Right now we are just under this $2.4 resistance line, but I expect us to push higher soon from here.

Targets are at the edge of our massive ascending channel. Anywhere between $4-5 is a good place to consider selling as then we will be approaching the previous ATH which will surely give us some resistance.

Beyond that, no one knows. We will have to wait and see. Very bullish on KNC for now. Enjoy the profits!

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