create account

Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected by haejin

View this thread on: hive.blog |  peakd.com |  ecency.com
kcn · @haejin ·
$343.32
Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected
<center>![](https://steemitimages.com/DQmbzwe5WDACbLUWv3nXc3hJo9Lox2xBTkXtM28gLeRozox/image.png)</center>
--

**SUMMARY**

Kyber Network (KNC) put in an abc correction as a flat (3,3,5). The subwaves of the final C wave breaks into white abc and then fives, as shown in below chart. It does seem very much like a bottom and that would require 1,2,3,4,5 (blue) impulse to confirm. The earliest sign of a trend reversal is an impulse in the opposite direction of the correction.

![](https://steemitimages.com/DQmcr7Zxobp9TumakbXnQyRQCfnnZeBXmMgQq1yVjxBf2EJ/image.png)

I'll venture to put out a longer term, intermediate degree of trend (multi weeks to months). The big picture shows that wave 1 is complete and 2 is in progress. Perhaps 2 is not yet complete and so lower lows would not be surprising. I've taken the vertical height of wave 1 and extended it 3.618 to generate an approximate Fibonacci based target for wave 3. The longer term prospect for Kyber Network seems favorable. Remember, this is a many weeks to months degree of trend, so expecting an overnight result would be unreal.
![](https://steemitimages.com/DQmQvUBLoAE8oziydH8QrY9pDYH24P7VDCA6oLNCDzYbHdK/image.png)



**Legal Disclaimer**: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>

Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
Follow me on [StockTwits](https://stocktwits.com/HaejinCrypto) for UpDates!!
--
--
<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


<center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 159 others
👎  ,
properties (23)
authorhaejin
permlinkkyber-network-knc-if-bottom-is-in-higher-highs-expected
categorykcn
json_metadata{"tags":["kcn","money","cryptocurrency","blockchain","altcoins"],"image":["https://steemitimages.com/DQmbzwe5WDACbLUWv3nXc3hJo9Lox2xBTkXtM28gLeRozox/image.png","https://steemitimages.com/DQmcr7Zxobp9TumakbXnQyRQCfnnZeBXmMgQq1yVjxBf2EJ/image.png","https://steemitimages.com/DQmQvUBLoAE8oziydH8QrY9pDYH24P7VDCA6oLNCDzYbHdK/image.png","https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif","https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif"],"links":["https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin","https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves","https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections","https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder","https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial","https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this","https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves","https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences","https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event","https://twitter.com/Haejin_Crypto","https://stocktwits.com/HaejinCrypto"],"app":"steemit/0.1","format":"markdown"}
created2018-02-09 20:10:54
last_update2018-02-09 20:10:54
depth0
children14
last_payout2018-02-16 20:10:54
cashout_time1969-12-31 23:59:59
total_payout_value265.196 HBD
curator_payout_value78.126 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,436
author_reputation5,313,872,769,838,176
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,246,400
net_rshares47,825,201,428,882
author_curate_reward""
vote details (225)
@ajaa23 · 
Nice @haejin
👍  
properties (23)
authorajaa23
permlinkre-haejin-2018210t34326834z
categorykcn
json_metadata{"tags":["kcn","money","cryptocurrency","blockchain","altcoins"],"app":"esteem/1.5.1","format":"markdown+html","community":"esteem"}
created2018-02-09 20:43:33
last_update2018-02-09 20:43:33
depth1
children0
last_payout2018-02-16 20:43:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length12
author_reputation-49,154,934,904
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries
0.
accountesteemapp
weight1,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,251,807
net_rshares614,451,708
author_curate_reward""
vote details (1)
@blockchainj · 
Fantastic TA, Thank you very much my friend!
properties (22)
authorblockchainj
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t205227832z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 20:52:24
last_update2018-02-09 20:52:24
depth1
children0
last_payout2018-02-16 20:52:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length44
author_reputation1,330,904,295
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,253,198
net_rshares0
@bonkite · 
I love that you are talking about kyber Network! The more press about this coin the better, it's going to have huge implications if we can fully implement it! One of the biggest hindrances I have encountered with Bitcoin is how long it takes for transactions to be processed. I don't care for myself because I understand that all of it will happen in its own time and there really is no risk that I'm inherently taking by storing my Bitcoins on this or that exchange or in this or that wallet other than a crisis. However when I'm buying Bitcoins for my friends or family or just people who want to invest, trying to explain to them why it takes so long for the Bitcoin that they purchased to reach their Cold Storage wallet is a feat in and of itself because Bitcoin is such an abstract concept to begin with. Trying to explain why it takes so long to transact is an even harder abstraction to try to explain in words. Kyber network will solve many of those problems, my biggest hopes is that they can minimize the transaction fees for storing Bitcoin in a cold storage wallet or any place for that matter. I was doing the calculations the other day and just to move a Bitcoin from one wallet to another is about $30... That's excessive and absolutely outrageous! I know kyber network isn't particularly focusing on the cost of transaction fees but maybe in the future there will be another coin that couples with kyber network for Speed and transaction fees...! But either way I appreciate your projections on this chart and I definitely definitely appreciate you talking about this! People already know so much about the mainstream coins, it's people like you and I that are going to educate the world about the alternative currencies and ICOs! Rock on brother! Yet another good post! :-).  Oh yeah and I appreciate you LOL! Almost forgot the most important part!

STEEMIT POWAHH FTW!!!!  <3 Steem more than cookies!
👍  , ,
properties (23)
authorbonkite
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t202747820z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 20:27:48
last_update2018-02-09 20:27:48
depth1
children2
last_payout2018-02-16 20:27:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,919
author_reputation327,338,196,177
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,249,177
net_rshares1,787,978,566
author_curate_reward""
vote details (3)
@seungjoon · 
I cannot agree  more.
👍  ,
properties (23)
authorseungjoon
permlinkre-bonkite-re-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t220212009z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 22:02:15
last_update2018-02-09 22:02:15
depth2
children1
last_payout2018-02-16 22:02:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length21
author_reputation-581,376,084
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,264,441
net_rshares1,129,818,467
author_curate_reward""
vote details (2)
@bonkite · 
Tyvm :-)!
👍  
properties (23)
authorbonkite
permlinkre-seungjoon-re-bonkite-re-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t221045693z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 22:10:45
last_update2018-02-09 22:10:45
depth3
children0
last_payout2018-02-16 22:10:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length9
author_reputation327,338,196,177
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,265,760
net_rshares0
author_curate_reward""
vote details (1)
@jamiliafidan · 
Good post my friend.
properties (22)
authorjamiliafidan
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t204327172z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 20:43:30
last_update2018-02-09 20:43:30
depth1
children0
last_payout2018-02-16 20:43:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length20
author_reputation361,617,021,136
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,251,803
net_rshares0
@jruff ·
$0.05
Thanks!
👍  
properties (23)
authorjruff
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t201537962z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 20:15:36
last_update2018-02-09 20:15:36
depth1
children1
last_payout2018-02-16 20:15:36
cashout_time1969-12-31 23:59:59
total_payout_value0.054 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length7
author_reputation90,600,187,912
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,247,204
net_rshares7,914,760,778
author_curate_reward""
vote details (1)
@asiahajranajma · 
Top 63 coins.Have you own any of them

https://steemit.com/dtube/@salahuddin2004/top-63-cryptocurrencies-will-run-rampant-through-blockchain
👍  
👎  ,
properties (23)
authorasiahajranajma
permlinkre-jruff-re-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180210t004719822z
categorykcn
json_metadata{"tags":["kcn"],"links":["https://steemit.com/dtube/@salahuddin2004/top-63-cryptocurrencies-will-run-rampant-through-blockchain"],"app":"steemit/0.1"}
created2018-02-10 00:47:21
last_update2018-02-10 00:47:21
depth2
children0
last_payout2018-02-17 00:47:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length140
author_reputation-2,321,972,280,297
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,289,754
net_rshares-5,153,730,310
author_curate_reward""
vote details (3)
@kilathecla · 
Thanks for  the info.
properties (22)
authorkilathecla
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t210118154z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 21:01:21
last_update2018-02-09 21:01:21
depth1
children0
last_payout2018-02-16 21:01:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length21
author_reputation5,840,884,103,722
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,254,665
net_rshares0
@seungjoon · 
Thanks for the good analysis  :) always~
👍  
properties (23)
authorseungjoon
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t220358771z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 22:04:00
last_update2018-02-09 22:04:00
depth1
children0
last_payout2018-02-16 22:04:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length40
author_reputation-581,376,084
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,264,734
net_rshares614,473,321
author_curate_reward""
vote details (1)
@sirstacksalot ·
$3.17
Uncertainty in the stock market is causing money to migrate from stocks back into cryptos.  This more than anything is lifting the price in the space.
👍  ,
properties (23)
authorsirstacksalot
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180210t030240972z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-10 03:02:39
last_update2018-02-10 03:02:39
depth1
children0
last_payout2018-02-17 03:02:39
cashout_time1969-12-31 23:59:59
total_payout_value2.388 HBD
curator_payout_value0.786 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length150
author_reputation18,203,994,280,271
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,310,570
net_rshares440,968,492,946
author_curate_reward""
vote details (2)
@solisrex · 
SPXL  Littlest Loser
![](https://steemitimages.com/DQmSAEhzXVUXHycDuRnaAH1BQNeaDDgouVLSg6BrfHzeJw8/image.png)
properties (22)
authorsolisrex
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t202059780z
categorykcn
json_metadata{"tags":["kcn"],"image":["https://steemitimages.com/DQmSAEhzXVUXHycDuRnaAH1BQNeaDDgouVLSg6BrfHzeJw8/image.png"],"app":"steemit/0.1"}
created2018-02-09 20:21:00
last_update2018-02-09 20:21:00
depth1
children0
last_payout2018-02-16 20:21:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length109
author_reputation49,802,002,833,006
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,248,079
net_rshares0
@thefirebird · 
Thank you for the information.
I have it too.
properties (22)
authorthefirebird
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180210t020531680z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-10 02:05:30
last_update2018-02-10 02:05:30
depth1
children0
last_payout2018-02-17 02:05:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length45
author_reputation3,748,352
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,301,866
net_rshares0
@trincowski ·
$0.03
Kyber was one of the coins which held better during this bloodbath!
👍  
properties (23)
authortrincowski
permlinkre-haejin-kyber-network-knc-if-bottom-is-in-higher-highs-expected-20180209t204620400z
categorykcn
json_metadata{"tags":["kcn"],"app":"steemit/0.1"}
created2018-02-09 20:46:24
last_update2018-02-09 20:46:24
depth1
children0
last_payout2018-02-16 20:46:24
cashout_time1969-12-31 23:59:59
total_payout_value0.024 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length67
author_reputation159,413,290,407,559
root_title"Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,252,260
net_rshares5,244,877,522
author_curate_reward""
vote details (1)
Help/Feedback