Personally, I am cycling some of my ZRX gains into KNC. Total speculation with minimal backing of indicators or chart patterns. Let's see what happens.
Note
Absolutely classic "X month / year uptrend turns south the literal second I get in". This hasn't happened to me in a long time because I almost never buy into existing uptrends for this exact reason (You might probably notice, almost all of my posts are about spotting major reversals, knife catching, or scalping). Contrary to most traders, In my mind, there is almost no such thing as an obvious trend that you can just hitch a ride on. By the time the trend looks obvious, it's already over, or about to morph into something else. I thought I saw an ascending triangle + inverse H&S forming here, the DeFI space was booming, and ZRX just had a mega pump while KNC was left behind.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.