KNC retraces as expectedToday featuring KyberNetwork which pumped 200% before... Now let's see what progress it has made so far. Price retraces to 0.618 fib (golden fib). Based on textbook theory, it should start heading up if it still wants to shine. 0.618 fib is also in confluence with the daily Bearish OB. Stop loss at 5322. First TP 7713, Second TP 8758. Honestly don't want to promise butterflies and rainbows, so no TP 3. Daily 200 MA and 50 MA still have a lil bit of time before golden cross (if it crosses..)
KNCBTC trade ideas
KNCBTC Potential Buy opportunity(70-220%) targetSpotted potential falling wedge on KNCBTC and the price just bounced off the bottom of the wedge and its expected to aim the upper side of the wedge wgich should give room for good buy opportunities.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
KNCBTC a long position opportunity aheadBy the grace of all mighty Allah the most high the only one God and creator, my previous idea:
generated more than 130 percent profit.
There was huge buying volume therefore I am taking the same initial X to A leg this time on 4 day chart.
The 50MA is already there to push the price action back to bullish divergence insha Allah.
Here I would like to say that the buying volume is still high and there is chance that the priceline may form a bull flag here and move up so If some one is still in trade then make a short position carefully.
The buying and sell targets are:
Buy between: 0.00006035 to 0.00004838
Sell between: 0.00006981 to 0.00009812
Best of luck and keep making profits and regards,
Atif Akbar (moon333)
Plz don't forget to activate below essential resources for better crypto trading:
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Regards,
Atif Akbar
KNCBTC expected to form a harmonicThe KNCBTC has completed the initial X to A and A to B leg for the formation of harmonic pattern.
The 50MA is already in PRZ to provide support for bullish divergence insha Allah.
The targets are as below:
Buying range: 0.00004417 to 0.00003934
Sell range: 0.00004809 to 0.00005973
Regards,
Atif Akbar (moon333)
Link for best trading platform Binance:
www.binance.com
For instant buy and sell bitcoins through bank account, cash and different mediums the best and authentic sites are:
Localbitcoins:
localbitcoins.com
Remitano:
remitano.com
Coinspot (for australians)
www.coinspot.com.au
Regards,
Atif Akbar
KNC - 650%+ Potential Profits! [FREE TRADING SIGNAL]Pair: KNC/BTC
Exchange: Binance
Trade Duration: Long
Risk: Moderate
Introduction
Kyber Network (KNC) has had a rough year, falling approximately -93% since the beginning of 2018. Kyber Network looks to have found a bottom here and hints at an imminent reversal.
Technical Analysis
- Bullish Kumo Twist
- Nearing Golden Cross
- Bullish RSI Divergence
- Signalling Bullish Momentum
- Higher Lows
Fundamental Analysis
- Being Utilised by Websites
- Gormos Testnet Q2 2019
- Cross Chain Swaps
Our Entry Zone
0.00004000 - 0.00004440
Our Targets
1: 0.00005150
2: 0.00005960
3: 0.00008690
4: 0.00012470
5: 0.00030000
Our Stop Loss: 0.00003300
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Have a great day,
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.