V2
$KNC/USDT 12h (#BinanceFutures) Rising wedge on resistance Kyber Network Crystal is retesting previous Highs and seems likely to retrace down after that.
Current Price= 3.901
Sell Entry= 3.936 - 4.212
Take Profit= 3.460 | 3.050 | 2.640
Stop Loss= 4.587
Risk/Reward= 1:2 | 1:2 | 1:2.8
Expected Profit= +15.07% | +25.13% | +35.20%
Possible Loss= -12.59%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #KNC #KNCUSDT #Kyber #KyberNetwork #v2 #KyberSwap #DEx #AMM #Marketplace #Governance #DAO #DApp #DeFi #BSC
Website: kyber.network
Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c
ETH S/R Mapped!!Let's take a look at ETH on the Daily TF.
It's at a crucial point right now and I believe the strength or weakness it shows in the next 2 days will determine the direction the market will go. The MacD is looking Bearish. If it breaks below the white line we can see it head towards the red line for the next support. This also can be a great time to enter a long but with a tight stop-loss. It's always best to long at support and short at resistance with tight stops.
Don't trade with what you're not willing to lose.
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This is not financial advice.
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GoldBull Update
Based on my 1h analysis I initially posted before this,
- Gold with a beautiful bullish engulfing at the second shoulder.
- move can proved incorrect if shoulder does not hold.
- v2 area