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Kncusd

Mother of all bull flags on KNCUSD? Daily TF but visible lowerInterested to hear other's thoughts. I'd actually done this at the start of the move through the upper trendline (where blue line starts) but didn't think to publish. We can see KNCUSD grappling with the upper trendline of the bullish flag after a long period of selling, bias is now bullish imo but I would be hesitant to enter here as there is still a big resistance not too far away. Personally hoping for another lower test marked by golden arrow. I think it might break out, forced down by resistance and bounce off previous flag trendlines...
COINBASE:KNCUSD
by DT12317
DEFI continues to rip!There are a lot of coins that are still looking for use cases out there. I remember when there were coins that said that they can do anything and everything. They would even tie your shoe for you! According to the shills that is. Right now in crypto, there is a group that just doesn’t stop. That is the newly founded Defi movement. These coins have found an area where they can actually be useful. In a world where interest rates are in the zero bound, how can savers make their 7%?It sure isnt high interest savings accounts or bonds. What about high dividend paying stocks? Well dividends are being cut left right and center! Defi has that answer with many different ways to make that happen. So what coins are part of this? Well there are a couple of ways to track them. I personally have made lists from some of the sites like coinmarketcap and coingecko. They both have tabs specifically for the Defi movement. FTX exchange also has a Defi ETF that gives you exposure to some of the bigger names in the space. We will use that as a charting tool. So if some of the bigger names in the space have done 100% in 50 days, what are some of the smaller cap coins doing? The answer is way more. We can cover some of the specific names over the next few days, but one thing is for sure, this is the area that the money is flowing to right now in crypto. So manage your risk and keep your head on a swivel! Happy Trading! Brandon Anderson www.derzzycharts.com
FTX:DEFIPERPLong
by derzzycharts
Kyber Network (KNC) - August 5Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------------------- ----- If it falls on the uptrend line, it is a short-term Stop Loss. If it falls, you should see if you can get support at the 1.26937200 point. We need to see if we can rise above the 1.50627615 point. You must be absolutely supported in the critical section, 0.85006658-1.05435354. To do this, we need to be supported by the uptrend line (2). -------------------------------------------------- ------------------------------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BINANCE:KNCUSD
by readCrypto
KNC/USD: Looking weak. In short words, Kyber Network seems to be showing signs of weakness. We are forming a similar pattern to that of LINK/USD a few days ago (descending triangle) go check out my other post on LINK/USD. This time around we have closed several 4hr candles below the 10EMA, 21 EMA and 55 EMA and looks like we’re enroute to touching the 200 EMA. This move coincides with the bottom of the descending parallel channel that Kyber has been on since July 18. Now sitting like dead weight right on the support line (@/around $1.60) and with the RSI going down and stoch crossing down again down in the bearish control zone, ALL WHILE ETH is pumping = money flowing into the bigger dog, we might just see Kyber revisit the $1.43 – $1.48 level in the coming hours possibly days. Disclaimer: We’re all wrong from time to time.
BINANCE:KNCUSD
by GhostCrypto