KNC: Resistance BreakoutTrade setup : Trends are mixed. Following a Falling Wedge pattern, price has also broken above $0.70 resistance and 200-day moving average to signal a bullish trend reversal, with +25% upside potential to $0.90 next. Stop Loss (SL) level at $0.62 (prior swing low).
Pattern : Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Neutral and Long-term trend is Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.55, then $0.45. Nearest Resistance Zone is $0.90.
Kybernetworkusd
Kyber Network (KNC) formed bullish Gartley for upto 15% moveHi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we caught more than 73% pump of KNC as below:
Now on a 4-hr time frame, KNC has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Kyber NetworkMy first check about project is simple : if i see they are listed on Coinbase + Kraken, it could means they have a good potential, for me if a project is listed only on Binance, is not enough, that said it does not mean the project is bad or will fail, but more premiums exchanges list it = more credibility. Kyber is listed everywhere.
What Is Kyber Network (KNC)?
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.
What Makes Kyber Network Unique?
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange.
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Trading Parts :
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- Buy now a bit
- Rebuy more if back to 2$ ish
- Full Buy at 1.20$
- TP1 : 3.8$ (Security TP old ATH)
- TP2 : 5.5$ ( 161.8% Fibo )
- TP3 : 8$$ ( 261.8% Fibo)
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Manage wisely your invests, Dyor projects & always have an eye on TheKing moves.
Happy Tr4Ding !
KNCUSD Interesting Price StructureKyber has an interesting price pattern within the respective Fibonacci circle
Topping out at a fib level only to return to the one before it
If this continues red oval is price target
Kyber Network *** Kyber Network is a very old project based on ETH network and with the recent growing interest in DeFi, they also transformed as a DeFi project.
This is one of the very first project from 2017/18 along side with projects like Komodo Plattform where you could swap your tokens.
Which we are doing now a days with UniSwap and other dozens of swap project.
Comparing to those projects Kyber Network is very low in price at the monet and could show good growth in coming years with the rising interest in Bitcoin and other digital assets.
*** This is just for educational purpose. Not an investment advice. I am just sharing my own analysis.
Thanks for watching.
Follow if you like.
POSSIBLE bullish signals in a bearish pattern - can it reverse?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Very bullish signals apparent - will it play out this time?The current situation:
1. Price action has formed an apparent double-bottom pattern on the daily chart with the neckline at about 1.06 USD and the measured target to be about 1.3 USD
Moving averages on the 4, 6, 12HR and daily charts are consolidating at about the 0.9 to 1 USD level, which in my opinion is a good sign as price action is tightening and a big move is expected.
2. On the weekly chart, seller volume is decreasing with lower price action, which can be a signal that seller strength is weakening.
3. There are double bullish divergences apparent on the daily chart. If this plays out, this can be catalyst for a move up.
The bullish case: price action needs to get above some of the major moving averages, especially the daily 21MA, which it has not done since the selloff back on September 3rd
The bearish case: currently, price action has just gotten on top of the 1HR 21 and 50MA, which is a good start. However, if price action falls back below these 2 moving averages again, that is a bad sign.
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
calling moonshotsKyber looking sexy, forming a bullflag on the weekly chart, and currently sitting above a trend resistance lined turned support, this support in turn could act still as a resistance. I recommend indicator 'trend lines' for identifying trend lines and calling these moonshots, anythings possible.
KNCUSD a 2340% under valued asset can make a new high upto 2617%On two weeks chart after a long time at last the 25SMA has crossed down the priceline to lift the price up very soon insha Allah.
Therefore I have defined the buying zone between 0.886 to 1.13 fibonacci.
The bearish shark with all required dimensions from X to C legs is formed soon when the 25MA will lift the pirce action up the formation of C to D leg will be started.
It will be a massive move.
The sell targets are:
Secure sell targets: $1.43453275 to $2.83247482
Aggressive sell targets: $6.74000000 to $5.45500000
Regards,
Atif Akbar (moon333)
KNC/ETH buy zone!High possibility to do this movement!
Buy now with %20 of budget, sell on 3 stage
1th stage - %30 profit
2th stage - %50 profit
3th stage - %80 profit
A trading opportunity to buy in KNCUSDTechnical analysis:
. KYBERNETWORK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 0.96826459 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (0.9608 to 0.7076).
Beginning of entry zone (0.9608)
Ending of entry zone (0.7076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1608
TP2= @ 1.4954
TP3= @ 1.8088
TP4= @ 2.4892
TP5= @ 3.0399
TP6= @ 3.5879
TP7= @ 5.3674
TP8= Free
A trading opportunity to buy in KNCUSDTechnical analysis:
. KYBERNETWORK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 0.96826459 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (0.9608 to 0.7076).
Beginning of entry zone (0.9608)
Ending of entry zone (0.7076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1608
TP2= @ 1.4954
TP3= @ 1.8088
TP4= @ 2.4892
TP5= @ 3.0399
TP6= @ 3.5879
TP7= @ 5.3674
TP8= Free
Kyber Network would probably resume its uptrend againTechnical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (1.4325)
. Ending of entry zone (0.7844)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9035
TP2= @ 2.3837
TP3= @ 3.0162
TP4= @ 4.1617
TP5= @ 5.3674
TP6= Free
Kyber Network would probably resume its uptrend againTechnical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (1.4325)
. Ending of entry zone (0.7844)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9035
TP2= @ 2.3837
TP3= @ 3.0162
TP4= @ 4.1617
TP5= @ 5.3674
TP6= Free