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Knc

Kyber Network (KNC) Divergence + Breakout, 50% Profits PotentialI've been looking at Kyber Network (KNC) on Binance for a while now. I've been receiving messages asking me to review this coin many times, so I always kept my eyes on the chart waiting for the right signals to trade this coin. So are the signals there? Let's take a look at just a few of those... Note: Before we even get started... Please allow time for this trade to develop. If you are unsure, have doubts or can't take a loss... Please do not trade, as there is always risks involved with trading. Prices can go up as they can go down, and the market can change pretty quickly based on hundreds if not thousands of different factors. *** Kyber Network (KNC) Trade Analysis by Alan Masters *** ###Chart signals & indicators Let's first take a look at the daily chart: - Here you can notice how the candles are becoming smaller and curving, signs of possible change. - The TD count reaching its lowest point, with #8 being a neutral candle and #9 a new green candle, with the potential to start a new run. - The RSI has been hovering around the oversold line for two weeks now, a very strong signal telling us that sellers have exceeded their balance. KNC has been oversold for long. This same indicator allows for plenty of room for growth once the action starts. But we need to look at a shorter time frame, if we want to look for possible breakouts and bullish signals. On the 4 hours chart the reversal signals are easier to spot. Let's take a quick look: - First you can see a strong period of positive divergence (purple lines), where the price is going down but the MACD is going up, making higher lows. At the same time it is starting to trend upward after crossing over and showing plenty of room for growth. - The RSI went to "extreme" oversold and finally bounced to start trending up. The other indicators are also showing early signals of a trend change; from negative to positive. - The shorter time frames are giving better signals, with the MACD and RSI already bullish and a strong breakout is already on its way. ###Trade instructions Here are the instructions for this trade: Buy-in: 0.000154 - 0.000177 (If above buy-in range, wait for retrace to buy in) Targets: (1) 0.000184 * Target reached 5-March* (2) 0.000204 (3) 0.000234 (Up to 50% profits) (4) 0.000284 (5) 0.000364 (Up to 136% profits) Stop loss: 0.000140 ###Message: Did You Enjoy The Slow Days? I am seeing the market, trying to turn from red to green. We have been slow for a few weeks, but that was a blessing for me. As I am used to say, opportunities will always come your way. So it is wise to enjoy the action, the profits, all the trades... As well as the peace, make sure to enjoy the slow days. So the market works in cycles, it moves down, it moves up. The goal is not to force it, but to learn to go with the flow. Namaste.
by AlanSantana
28
Being cautious with KNCFrom my previous idea KNC did a rebound but it didn't hold and continued to fall. I still don't really know why it's dumping this hard compared to other coins. From what I see, we have 2 supports lines and we already touched once the first one. We've broken the first downtrend, but we're still not in a uptrend, although the fall is now slower. We can be in a uptrend again when we break that second downtrend but to do so we will need an increase in volume (who was slowly getting lower too). For that KNC needs to have some goods news soon like the complete mainnet release, but that shouldn't happen before april. On the other hand KNC have already fallen alot (around 60% from ATH) so it doesn't have much room to go even lower. I'd wait to see what happen around theses two supports or for some positives news first before doing something again with KNC.
by UnknownUnicorn2435735
Cup and handle forming on KNC?KNC took a huge dip in the last week, but right now I see a potential cup and handle forming. Unlike most alt coins out there, Kyber Network have a solid product that actually exists, and a great team to back it up. With the rise of exchange hacks, their decentralised exchange is actually useful, and will only get better. Keep an eye out for this one, it's looking bullish to me. Of course, all of this depends on what happens with BTC over the coming hours/days.
Long
by ch3weh
$KNC $KNC.B - Kyber - 4hour Chart BinanceI was asked to run a chart on KNC, this one is for Binance. It is on a heavy downtrend at the moment. Its riding the bottom bollinger band with a large bearish candle and RSI is below 30% which shows signs of it being oversold. The oversold RSI can be a sign there is a reversal soon, though if I were to buy in, I would wait until RSI goes positive and we see some bullish candles. This may not be the bottom for KNC so buying in should wait. If you are holding this, either wait to gain some losses back or I may take the loss and re-invest elsewhere.
Short
by UnknownUnicorn2091450
Kyber Network - The Ascending TriangleThe price movement of Kyber Network has created The Ascending Triangle Pattern and in this scenario this pattern is considered as continuation for the price action which is upwards. MACD & RSI supports upward movement. The price has already breached resistance level few times and returned back inside the triangle leaving long wicks behind. It is important to wait for proper break out signal and that's why buy target should be set at or above of 0.000457 level which can be found at 1.272 Fib level. Stop order can be set at 0.00315 and The Symmetrical Triangle gives us target around 0.0006 level. Before taking any trades, do your own research and measure your risks. Educational Part: How do you get target from this pattern? Draw vertically a line from the highest point of the pattern next to the lowest point. The line we just draw gives us the length of the target. (Example in chart, purple lines) Move this line to the break out point. Where the price has breached top line of the pattern. Where this line ends is giving pointers where the price might be heading to. Trading Information for Kyber Network (KNC/BTC): Buy: above Above 0.000457 Partial Profit Targets: 0.00053 Main Profit Target: 0.0006 Stop-loss: 0.000315 If you need any help with trading, recommendations or where to search basics just feel free to leave me DM in here or in my twitter. I try to respond ASAP! :) Happy trading! Things to Remember: Stop-loss orders are strongly recommended. Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back. Do your homework before investing. Yarr
Long
by yarr
KNC/BTC ANOTHER UNDERCOVER CRYPTO BUILDING A POSITION!Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher right now but it looks like it is slowly building momentum. Here's what we're seeing: - CUP FORMING WITH MOMENTUM MOVING HIGHER - WE CIRCLED THE VOLUME BUILD UP THAT HAS BEEN TAKING PLACE -WE ALSO CIRCLED A SQUEEZE THAT IS FIRING TO THE UPSIDE All of these things are simple but fit our system for a move building up to go higher! Patience through the swings will be key! Good luck to all! SOME BINANCE ALTCOINS TO KEEP YOU UPDATED BINANCE:ZECBTC BINANCE:DGDBTC BINANCE:BCDBTC BINANCE:MCOBTC BINANCE:GASBTC BINANCE:TRIGBTC BINANCE:BNTBTC BINANCE:GXSBTC BINANCE:MTLBTC BINANCE:ENGBTC BINANCE:TRXBTC BINANCE:SNTBTC BINANCE:XVGBTC BINANCE:POEBTC BINANCE:CNDBTC BINANCE:BATBTC BINANCE:FUNBTC BINANCE:CDTBTC BINANCE:ENJBTC BINANCE:LENDBTC BINANCE:DNTBTC BINANCE:SNMBTC BINANCE:YOYOBTC BINANCE:BTSBTC BINANCE:CMTBTC BINANCE:QSPBTC BINANCE:MANABTC BINANCE:TNBBTC BINANCE:LRCBTC BINANCE:OSTBTC BINANCE:MTHBTC BINANCE:FUELBTC BINANCE:XLMBTC BINANCE:RCNBTC BINANCE:TNTBTC BINANCE:ELFBTC BINANCE:REQBTC BINANCE:VIBEBTC BINANCE:GTOBTC BINANCE:POWRBTC BINANCE:ADABTC BINANCE:KNCBTC BINANCE:LINKBTC BINANCE:WINGSBTC BINANCE:ASTBTC BINANCE:ICNBTC BINANCE:XRPBTC BINANCE:DLTBTC BINANCE:RDNBTC BINANCE:ZRXBTC BINANCE:BCPTBTC BINANCE:AMBBTC BINANCE:BRDBTC BINANCE:ADXBTC BINANCE:OAXBTC BINANCE:STORJBTC BINANCE:NAVBTC BINANCE:SUBBTC BINANCE:APPCBTC BINANCE:BQXBTC BINANCE:WABIBTC BINANCE:CTRBTC BINANCE:MDABTC BINANCE:AIONBTC BINA
Long
by StrengthTrading
2
KNC/BTC chasing the Blue MoonCryptocurrency 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.
Long
by SoloTraderAU