Kyber Network (KNC) Analysis Update: Cup and Handle Complete. %50+ in 8 Days?steemCreated with Sketch.

in #bitcoin7 years ago (edited)

KNC.png
Kyber has broken the 'handle' of the cup and is now back on track for the next target. Like other ALTs, KNC followed a triangle rather than a impulse wave. (See my past post for prior predictions of KNC) KNC2.png
Almost all of the highs so far have fallen perfectly along a fib line, with the traditional #3 wave being the longest (so far). And to keep true to that rule, I have placed the top of the #5 wave at .00490BTC. BUT this may not be the true top because the 1.618 fib line predicts .0059 which would make the 5th wave the longest. The heads are also roughly following a 7.5-8 day gap between, this places the 5th wave at about January 17th, 12PM EST.

Here is a older picture but shows the greater 'Cup and Handle' of Kyber

My hopes remain high for Kyber as I believe it's a well developed project and currently under-valued project, especially compared to the shitcoins with massive market caps.

Please let me know what you think! I love criticism of all kinds.
Educational purposes only