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KNC/BTC chasing the Blue Moon

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BINANCE:KNCBTC   Kyber Network / Bitcoin
Cryptocurrency Market Capitalizations Rank 54 Kyber Network (KNC)

Skywatchers are in for a rare treat tomorrow (Jan. 31): a Blue Moon, a total lunar eclipse and a supermoon all at the same time!

Oops, we are traders, not skywatchers, but we find KNC/BTC 3.12% has a potential to reach its blue moon.

An ascending triangle structure is forming at this moment. The yellow layer maybe called an ozone layer. Keep an eye close to see if there is a breakout. (Please note: bullish divergence on MACD )

On the other side, Ichimoku analysis is not clear to tell us the direction. We hope the chinkou span will move higher above all the candlesticks . At this stage, the Tenkan-sen is still above Kijun-sen, we look forward for a bullish trend soon.

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