$KNC, Trying to get some traction from interaction w/ ~7300sats$KNC
Trying to get some traction from interaction w/ ~7300sats support level after a break of descending trendline
Volume for now doesn't look too atractive but UCTS is showing a buy on the 12H
Aiming for an entry at support w/ tight SL & target ~8250sats (10%+) could work
#KNC
Knc
LONG - KNC - Trading OpportunityBINANCE:KNCBTC has finally managed to break above this resistance that had been holding it for quite some time now, after a beautiful retest, it seems like its ready to go for the next resistance. KNC is also a coin that is looking extremely good in the long term, as it's been on an uptrend for quite some time now, even being inside the weekly ichimoku cloud, it wouldn't surprise us if it was to go a couple of hundred percents up from here.
Entry: 0.00007856
Target 1: 0.00009021
Target 2: 0.000010195
SL: 0.00007359
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KNC in for a third? Please feel free to comment and challenge me on my TA. Hit a like to show support.
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- Setting a higher low from the previous low at the beginning of May.
- Only real resistance levels are the weekly (9042) and daily (10020) levels. These have not been broken since August 2018
- Crossed over the 50MA, which has acted as support two times since.
Now would be a good time to enter. If not, you can wait for a retest of the daily support (7075), but I don't feel the need to wait and will take the trade.
Patience time for KNC.Hello, Trades.
KNC is forming a big symmetrical triangle and we still more days to accumulate inside this bullish pattern. In theory, the price will remain on sideways movement, and then we must enter on the next breakout. But until the this happens we can't do anything besides waiting.
Best regards, Sandro and Gustavo.
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Kyber Network Looking StrongKyber Network (KNCBTC) has a completely different chart compared to most other altcoins, which all look similar in many ways.
Here we have the ATL hit in August 2019 and bullish since... After the price peaked, we have strong support in the light blue area.
Since this area has been holding strong since March, the price can easily continue to move higher.
KNCBTC is likely to hit a new high (higher high) since we are looking at higher lows on the retrace and the green trading volume bar is much bigger than the previous few.
The indicators are also looking strong and bullish (RSI and MACD).
This is what we see when looking at this chart.
Namaste.
KNC Conslidating & Coiling Up To BREAK RESISTANCEHello Traders,
KNC Broke out from a falling wedge and created a flag formation. It continues to coil up and I expect an eventual rise to about $1 and possibly as high as $1.4. We should consolidate around $1 but at this point, we'll need to see how this plays out. Currently there is a building of a bullish divergence on the 15 minute RSI. So I expect a move up soon but if we don't break the trendline, it could double bottom at .61
There are two ways to play this trade.
#1 - If we break down, watch for a bounce on at the 50% fib at .61 (double bottom), we could go as low as the trendline at .57 too. If we bounce there, put in a long and hold with a stop loss no greater than .55
#2 - Wait for a breakout to the upside with a retest of the flag to put in a buy order.
As always, this is not financial advice, do your own due diligence and only invest based on your decisions.
Cheers!
KNCBTC on Sequential Vzion's radarHello, wonderful person!
Kyber Network (KNC) is on Sequential Vzion's radar today.
Supply +14%
Active Addrs +41%
BTCPrice +5%
Pairs +10%
CryptoRatingBot +24%
* % growth from last established support
Monthly: Bullish. Red 6 above resistance.
Weekly: Bearish. Green 3 below support.
Daily: Retesting resistance.
KNC Trade Set-up With Support and ResistanceHey all, here’s another entry on my tradingview series called 'Quick Updates'.
On KNC We are greeted with a nice scalp opportunity here. The price is falling back to the support area again after oscillating nicely between this horizontal support and resistance area.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Kyber Network Conquers All Major Resistance, Ready To Jump 165%+KNCBTC (Kyber Network) is now trading above all major resistance in the form of EMAs. Prices are now easily trading even above EMA300 which is still 'rare' at this stage of the game.
EMA10 had a bullish cross with EMA300.
The RSI is above 70 and the MACD is trending higher while already on the bull zone.
When a chart is looking like this, only one thing left is... A very strong impulse move...
We can see 40%, just as we can see 70% or even 165%+ in just a few candles... The resistance has been cleared in the past few months.
This chart is strongly bullish... Now we wait patiently... Let's see how it goes.
Namaste.