KNC Failed on Key Level and Requires a confirmation hereKNC Failed on the key level and now requires a confirmation for a possible breakout on the trend line or a reversal for another wave downside. If the price respects the following trend line then we will see a further decline towards the target pointed on the chart.
Kncusd
Descending Triangle with Minor Support and Long Term DowntrendJust an idea labelling my view and what I see, I tried to keep it unbiased as possible. I identified some local, minor, major, long term trend lines & support & resistance zones.
From those lines drawn up I noticed a descending triangle forming with the LTDT and the Major Support, also, the RSI has equalized from the most recent pullback, and has room for further downwards pressure. The price also broke down from the 50 EMA and was rejected after a retest, I believe this is a bearish signal. BINANCE:KNCUSDT
TS ❕ KNCUSD: ascending channelKNC broke through the ascending channel and reached the support level. The price has already bounced up from the level and now it is possible to return back to the channel.
BUY scenario: long to 2.7.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
KNC cryptocurrency trade. Our target $2.29Hello colleagues.
Today we publish a potential trade on KNC cryptocurrency.
This cryptocurrency is quite volatile, so trading it without stop orders is dangerous.
We expect a local bounce of KNC price to the $2.29 mark. Then, we should closely watch if the buyers will have the strength to continue growing. The local trend line has been lost by the buyers, so the global bounce of KNC could be over.
Local trade on KNC cryptocurrency
Entry : $1.882
Stop : $1.811
TP-1 : $2.057
TP-2 : $2.29
KNC/USDT entry setup for intraday. #DYORKNC looking bullish in 30 min tmf expecting a 25% bullish move.
Kyber Network KNC - introducing $1.88Kyber Network KNC - introducing $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If price comes back now it might be strong support again.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
KNCUSDT - Symmetric triangle PatternKNCUSDT (1h Chart) Technical analysis
KNCUSDT (1h Chart) Currently trading at $38916
Buy level: Above $1.65
Stop loss: Below $1.48
Target 1: $1.73
Target 2: $1.85
Target 3: $2
Target 4: $2.3
Max Leverage 3x
Always keep Stop loss
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#KNC/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this KNC/USDT 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ENTRY:-$1.55,$1.65
TARGET:-60% TO 70%
STOP LOSS:-$1.45
LEVERAGE :-10X TO 20X
As we can see from the above-mentioned chart that KNC/USDT was trading inside the symmetrical triangle pattern and broke upside.
Now, KNC is trading in a support zone and retesting the upper trend line.
Here I am expecting a bounce from the current price level which is $1.6 towards the price level of $2.7 which is almost 70% from the current price level.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
KNC/USDT : Breaking below the wedge, But still into channel!BINANCE:KNCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$KNC has formed an ascending channel and it's currently moving into it,
On other hand, there was a formed rising wedge that got broken by recent candles.
This rejection has come with an opportunity for us to locate our Short toward the channel's lower!
If you're not interested in the market's bias yet; Then you can wait for the channel's rejection and locate your Short on a proper retest of the broken channel...
Be advised that if any rejection happens below channel; Then the main support are $4.35 and $3.55!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
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 - DON*T BELIEVE IN A NEW ATH NOWHey Guys, I already longed and shorted KNC. It is a good project, but I think it is more likely we see a drop in the channel to the support.. if we breakt it, we will see definitely a bigger correction. Please be careful.
AND AS ALWAYS GUYS
NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
TWH - Which coins have pumped and which have dumped?Traders,
Overall our list is doing excellent! Many coins have pumped and many coins have yet to pump. Only a few have dumped and even the dump is really not that significant other than to take the coins out of prime setup.
These coins have pumped and no longer have high potential. I've had to remove them from my list. Congrats to those of you who were in these trades!
OGN
ZRX
KNC
These coins have pumped and I have left them on the list because they still have more to go. Congrats to those in these trades:
WLUNA
SKL
BAL
SNX
EOS
AAVE
APE
These coins have yet to pump but are positioned to do so soon:
CULT
CHZ
LCX
COMP
FOX
And these are the dumpers:
BCH
SHIB
DOGE
ETC*
ETH**
Quick note: Dump is probably too hard of a word. These coins have simply fallen out of prime setup territory.
* I didn’t take ETC out of the list in the video but I should have. That’s why it’s here.
**I overlooked ETH in the video too. It has fallen below the 50 day ma.
KNC's Bearish Clues are So StrongKNC (Kyber Network Crystal), a Coin which is Listed on WHITEBIT Exchange, is in an Ascending Parallel Channel. The Price Of This Coin in now Near the Top of the Channel Which means there is a High Chance that It would Start a Bearish Trend to Reach the Bottom of the Channel. The Price is also in a Small Rising Wedge Pattern as well, and also there is a Regular Bearish Divergence(-RD) On RSI . These Patterns and Divergence Suggest that The Price will Definitely Try to Bearish Soon! These Evidences are so Strong That we Might Even see a Break out From The Ascending Channel Happens Which would Decrease The Price to 3.3$. But Since There is no Break out we can Not Be Sure. But The Way to the Bottom Of the Channel Can be Expected To Happen Soon!
-KNC is in an Ascending Parallel Channel.
-The Price is at the Top of the channel
-KNC is also in a Small Rising Wedge as Well.
-(RD-) on RSI
-These Bearish Signs are so Strong That Even a Break out from the ascending Channel Might Happen.
-Support Sits at 3.3$
🟡You can Buy and Trade This Coin at WHITEBIT Exchange!
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Thank you for seeing idea .
Have a nice day and Good luck