Kyber Network Crystal v2 KNC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Kyber Network Crystal v2 KNC has a negative overall sentiment recently.
I have the following price targets:
KNC/USDT short
Entry Range: $1.63 - 1.99
Price Target 1: $1.45
Price Target 2: $1.30
Price Target 3: $1.17
Stop Loss: $2.21
KNCUSDT
KNCUSDTPERPWhen the price reached the resistance area, the volume increased, but the price could not cross the resistance (in checking the volume, you should not pay attention to the color of the candlestick, because the time frames are only an indicator) and with the formation of the rising wedge pattern, you can wait for confirmation of the candlestick in the lower time frames. It was a sales position.
KNC - Coin will be in game?Reasons to take long:
⭐️ BTC is exhausted and unlikely to fall more
⭐️ Coin is stronger than a market
⭐️ Level is 4d old
⭐️ Buying volume appeared
⭐️ 4th touch
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
KNC - Medium-term trade - our target $1,9828Hello colleagues!
Bitcoin has reached an interesting liquid zone , where a new wave of growth can begin.
After reviewing the graphs of various altcoins, we singled out KNC cryptocurrency for ourselves.
We bring to your attention a medium-term trade.
Entry : $1.451
Stop : $1,3267
TP : $1,9828
KNC long optionsHeres some options for longs on KNC.
There uptrend that we have seen here in the diagonal, is getting some pressure and may soon break down. As result would be looking for good areas to take longs.
The 0.618 line here looks very good, but i accept that price action could well carry on down towards the bottom of the range. Will have to see how prices respond to these levels.
KNC LONG IDEAKNC had a nice rally after breaking through its overhead macro resistance (diagonal).
We have see it rally into resistance (horizontal) and now id expect its to cool off a bit.
Clear price action support/resistance flip down below could serve as a nice point to buy and go long, with stops just below. Id expect some consolidation below this overhead resistance before finally breaking through. Taking the long lower down means we reduce our risk and also, have the opportunity to take profit if the price makes it back to resistance.
(as an alternative option, you could wait for the break of this resistance and then long the retest)
(will also post the chart of KNC/BTC down below; is always a good idea to see if the bcc pairing is as equally bullish).
Kyber Network (KNC) formed bullish Gartley for upto 132% moveHi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we had a nice trade of KNC:
Now on a daily time frame, KNC has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KNC - Bounce from the trendline, easy moneyReasons to take short
⭐️ Buyer on BTC
⭐️ Trendline is clean
⭐️ Volume increased
⭐️ Impulse down
⭐️ 3rd touch
⭐️ 100 ATR
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones