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KNCUSDT

KNC/USDT Crucial Zone, Break the resistance or Down is coming !💎 KNC is undeniably on our watchlist. After a notable bounce from the demand zone at $0.63, it effortlessly surpassed the supply at $0.68. Currently, KNC is navigating through the subsequent supply zone, inching closer to a key resistance point. Should KNC face a rejection at this supply, it might retrace to the nearby demand at the $0.68 mark, which previously acted as a supply. 💎 However, if KNC manages to breach the resistance swiftly, we can anticipate a significant bullish rally, potentially targeting the Bearish OB and the robust supply zone. 💎 On the flip side, if KNC struggles to maintain its stance in the demand zone during a retest, there's a heightened possibility of it breaking below. In such a scenario, KNC might gravitate towards the Bullish OB zone. This area is pivotal for KNC; holding firm here is crucial. Failing to do so could lead KNC on a steeper descent towards the strong support zone.
by MyCryptoParadise_Nathan
2
KNCUSDT → Coin shows strength in a weak market BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels confident and is ready to strengthen further. While BTC has been in a falling phase for the last 7 days, Kyber network / TetherUs is strengthening already by 28%. Altcoins have been receiving more attention from speculators lately as they are livelier and more active. The latest retest of the 0.495 bottom on September 12 leads to the formation of a bullish momentum, within which the price makes an attempt to exit the descending range. After the breakout and correction, consolidation is formed above the resistance. If the bulls can finally keep the price above this line, we will be able not only to observe, but also to participate in the price growth to the targets indicated on the chart. The area above 0.955 is quite loose and price could quickly reach 1.200-1.400, but for this to happen we need to get momentum from the previously broken resistance. Support levels: 0.630, MA200, MA50 Resistance levels: 0.710, 0.834 I expect an active phase from the bulls' side. The first phase is consolidation. After which I will wait for growth to the mentioned areas. Regards R. Linda!
Long
by RLinda
17
KNCUSDT → Strong consolidation after a resistance break KNCUSDT forms a breakout of range resistance. But this maneuver came at the time of correction of bitcoin and the whole market, so these nuances restrain further growth of KNC. The coin after the resistance breakout forms consolidation in a narrow range, forming a strong support area below 0.600 and a strong resistance at 0.750. The moving averages are also indicating lower volatility and a period of consolidation. Price is forming multiple retests of the strong resistance area, I think that with positive leverage from bitcoin and more positive market sentiment, price will still break that area. Strong support: 0.650, 0.600 Strong resistance: 0.750 (breakout strategy) 0.850 I expect that the price will continue to test the resistance at 0.750 and after the next attempt it will still be able to break it and will start to realize the accumulated potential. Regards to R. Linda!
Long
by RLinda
5
✴️ Kyber Network | BULLS Confirmed! (80% to 480% Potential)I was looking for something and I found it in the KNCUSDT chart. The market is one. The cryptocurrency market is one. Just as consciousness and life is all based on one, so is this market... At least that's my experience. The consolidation phase is still taking place. While consolidation takes place, we really don't know if things will go forward or retrace, we can't be 100% certain. We can read signals, we can make deductions, infer things from data but we can't never be sure until the event is confirmed by reality, by events. Here are the facts: The uncertainty seen all across is not present here, KNCUSDT is 100% bullish and giving out a clear picture. The major downtrend is being broken. The RSI is ultra-strong. Prices went below EMA100 but already closed back above this very important level at this point. The trading volume is really high on the bulls side after KNCUSDT hit a new low. The daily candle closes green, here we can expect additional growth. What one altcoin does, the rest follows and this one has the clearest of charts. We are must likely witnessing the opportunity of a decade... Time will reveal who was right and who was wrong. I don't know which side you are on but 'fortune favors the bold'. I am taking the leap... My money is on crypto... What about yours? Namaste.
Long
by AlanSantana
2