Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher right now but it looks like it is slowly building momentum. Here's what we're seeing:
- CUP FORMING WITH MOMENTUM MOVING HIGHER - WE CIRCLED THE VOLUME BUILD UP THAT HAS BEEN TAKING PLACE -WE ALSO CIRCLED A SQUEEZE THAT IS FIRING TO THE UPSIDE
All of these things are simple but fit our system for a move building up to go higher! Patience through the swings will be key! Good luck to all!
Mainnet launches on 11 Feb - that's why people are interested in it.
Also it's going to revolutionise crypto exchanges.
You may also want to check out REQ as extremely undervalued
StrengthTrading
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@BobbyJGold, I didn't even know about Mainnet so thank you for letting me know. I'm basically a purely technical guy when it comes to cryptos so it's always good to get insight on some of the other things that might be driving the technicals that i'm seeing.
I have seen REQ and I like it but it isn't at a point from a technicals point for me to start building a position yet..I will be watching this one closely
Mainnet launches on 11 Feb - that's why people are interested in it.
Also it's going to revolutionise crypto exchanges.
You may also want to check out REQ as extremely undervalued