KNC/ETH - Support formed at range lowAre you ready for "alt season"? Let retail exuberance drive prices up while you kick back and chill after buying range lows. :-)
Technical reasons for the trade:
→ Double bottom price structure
→ Previous resistance from early 2020 has flipped to support
→ Gap in VPVR above
→ Volume increasing
Good luck!
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Knc
KNCUSDT ( Resistance line Breakout)KNCUSDT currently trading at $1.026
LONG ENTRY LEVEL: Above 1.075 (Only Enter Long After 4-hour candle closed Above Resistance level at 1.075
STOP LOSS ( support): Below $0.950
Resistance level 1(Target) : $1.335
Resistance Level 2(Target): $1.860
Risk Reward Ratio: 1:6
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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KNC, Expecting 300% run for 5th wave targetKNC about to start 5th wave of EW impulse cycle
time frame 8 weeks.
KNC patience timeHello traders.
We are also paying attention to KNC/BTC witch is breaking a bearish trend on the daily chart
But we must be careful with altcoins at this moment, considering the BTC is recovering some market cap, and if we break 16,600 our next target will be 20k
So we expect altcoins to slump as BTC continues the uptrend movement
Our box is an excellent entry point in any direction the price goes.
✳️Kyber Network/BTC (10/11) View + Trading Plan #KNC $KNCKNC is having a strong rebound from the 4500sts zone and the next targets are the 6500sts and 8000sts zone. The 8000sts is very strong and could be a reversal zone and KNC will continue to fall strongly in the near future.
📈BUY- LONG
- Buy close to 5000-5250sts. Stoploss if B
📉SELL-SHORT
- Sell: 6500-6750sts. Stoploss if A
- Sell: 8000-8250sts. Stoploss if A
♻️BACK-UP
- Sell close to 5000-5250sts if B. Stoploss if A
- Buy: 4500-4750sts. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Kyber Network KNC/ BTC - Swing TradeOscillators indicate strong buying signals for Kyber Network on the KNC/BTC chart on the 1D and 3D TF.
It seems like KNC has completed its correction and that it has found support on the red trend-line from where it has already bounced (see red line).
There is strong bullish momentum for a pump up to 60% (entry between 0.00004924-0.00004956)!
Swing Trade KNC-BTC (R:R=3.5+++):
entry@ 0.00004924-0.00004956;
TP1@0.00006288;
TP2@0.00006799;
TP3@0.00007898;
NO stop loss recommended for this crypto for fundamental reasons
(in case price falls considerable lower, add more KNC to your portfolio -> accumulate it and hodl/stake it for long-term)
I´m not a financial adviser. For educational purpose only!
Kyber network stuck in a range KNCKyber network on both the BTC and USDT chart has had some serious sell off over the past few months and has been stuck in a nice range for a few weeks on the USDT chart.
Im expecting to see a descent pause on the KNC/BTC chart and a short term recovery to reclaim some previous liquidity zones.
If we see that reversal or recovery on the sat chart and BTC holds its current position and consolidates for a week or so i expect to see the KNC/USDT chart have some huge upside for a while.
Looking to enter long on low leverage from the demand block at the bottom of the range but its a critical point ill be watching closely.
If it breaks this bottom im out as the trades invalidated.
Looking to manage the trade at the supply block at the top of the range and then again at the smaller resistance level around 1.186 heading into that previous consolidation.
still a good 7:1 trade catching the bottom of this range so worth a shot for my style of trading.
Reversal looking more promising - BUT this support is crucialThe current situation:
1. Price action is currently ranging in a symmetrical triangle pattern as seen on the hourly chart, with 63% chance of breaking to the upside. The measured target is about 1.03 USD. It is also above the daily 21MA, which it has not done since the selloff since September.
2. On the daily chart, there was double bullish divergence and it could be playing out steadily right now, and we will see how far it goes.
The bullish case: price action closes on top of the following moving averages and it will be further confirmation that this is a reversal, as it has not closed on top of these moving averages since the selloff: the 4HR 200, 12HR 50 and the daily 21MA
The bearish case: if price action closes below the 21MA, which will indicate either a delayed reversal or lower price action.
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knc might make a run itbullish signs here, 3 white soldiers and potential golden cross on the daily chart! last time this occured knc doubled in 6 days, there was a recent false breakout not to long ago when the bulls counldt maintain the momentum but if bitcoin can keep it togather we might have out first breakout session since the crypto massacre thats been going on lately! my money is on knc, it peirced the veil already, im keeping my eyes on the daily and 4 hour candles now if we can maintain some momentum and a possitve turn around we might be setting setting the stage for some decent profits!
KNCUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH.
So, I don't think this is a good time to buy yet.
Since I have only 3-4 months data on KNCUST, I'd highly recommend you to wait for EngineeringRobo's BUY signals to be present if you'd like to buy again.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.