Kncusdt.P Short Term Targets BINANCE:KNCUSD.P Technical Analysis,
Fib Retracement + Resistence zone
Short Term Targets : 0,65/ 0,60 / 0,55
If we can see Bitcoin can Broke all support zone we keep our knc Targets.
Kncshort
best point for buy kncI think the lowest risk point for buying knc is the optimized range. Place the stopper under the green box
KNCUSDT SHORT IDEAI'm not entirely sure if my orders will be filled here, but definitely worth a try. Unfortunately I saw the setup too late.
KYBER NETWORK TO FALL ABOUT 10% IN IMMEDIATE SHORT TERMKyber Network is currently tapped out on is wave trend and needs to have a slight correction in the immediate here and now before looking for a possible bounce using its ascending trend line which meets with the ascending trend channels resistance line, which creates a rising wedge that the price action will most likely look for one more bounce to see about breaking above this trend channel its in.
Short Trade:
Limit Order: @ $5.19(SHORT)
Target Profit: @ $4.70 (-8.74%)
Stop Loss Trigger: $5.40 (-4.85%)
Stop Loss Order: $5:41 (-5.00%)
Looking for the bounce at the $4.70 level to where we can see a fulfillment of the rising wedge, and then a bigger break down to retest double bottom at $3.65 or we could stop with support along the bottom of the ascending trend channel. We will have to wait and see on that.
KNC/BTC - ATS SWING BACKTESTScript settings for 6H timeframe:
· Signal calculation type - "open"
-TP for Long - 20%
-SL for Long - 10%
-TP for Short - 27%
-SL for Short - 20%
KNC/BTC (Bearish Double Top?)KNC/BTC
-hitting weekly resistance area
-potential bearish double top
-weekly bearish divergence RSI
-multiple retests of flat support which is bearish
-unable to get above 50ma&100ma on 4h chart
-a decline in volume indicating a large move
-RSI is below 50 level which is bearish
-you can enter a Sell position on the retest of flat support
-that's an aggressive entry with stop loss above 50ma
-or you may wait for the break of support before entering Short position
-the downside target is 9300-9000 sats
