KNCBTC trade ideas
Kyber Network (KNC) Has Good Growth PotentialKNCBTC has been printing higher highs and higher lows ever since it starting growing after the early January 2021 low.
You can see this marked on the chart with red trendlines, an ascending channel.
Currently, we see its price moving above EMA10, EMA21 and more importantly, MA200.
Moving above MA200 is a strong bullish signal.
The RSI is strong above 50; the rooms are open for additional growth.
The entire period since January can be considered a sort of "bullish accumulation" which will lead to a massive bout of strong growth soon.
The targets are marked on the chart with yellow squares.
Get ready...
Thanks a lot for your support.
Namaste.
KNC potential 100% moveKNC has seen some price pain in the past couple of months, but with similar projects such as KAVA and CELR having made big moves, I believe KNC will follow along.
We can see that KNC had a nice run up in 2020, and right now we are looking for a continuation of this previous trend.
To me, we are starting another run, and it looks like KNC is at the same point that it was back at the beginning of 2020 (circled on the chart).
There is some resistance right above KNC right now at .00006500 to .00007500, and a break of this area could send KNC quickly up to the next resistance area (pink rectangle ) representing a 90-100% move.
Support is at .00005400, then the .00004500 - .00004700 area.
Any questions?
Good luck traders
Remember not to break your rules
Habib
KNC - Kyber Network Crystal | Are you a Believer? With an ever - expanding ecosystem, several attempts to optimize the overall DeFi use cases, Kyber is on a path to success!
KNC - The native token is certainly going to be the foremost beneficiary as the network adoption keeps on increasing and creates a supply-demand imbalance in the near future!
KNC Looks Ready to Get Launched Guys, please, support this idea by clicking the LIKE button. Thank you!
KNC looks pretty bullish here. We’ve had a long accumulation on a high volume
Break above the EMA200 (which is in line with the Horizontal Resistance) and it will fly
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Crypto|KNC/BTC|LongLong KNC/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
KNC INVERSE HEAD AND SHOULDERSKyber Network is on bottom of its ascending channel. it did a pull back on neckline of a INVERSE HEAD&SHOULDERS and it had good potential. Breaking EMA200 can be a confirmation for a pump.
Entry: 4800- 5200
Targets:
1) 6600
2) 7500
3) 8500
4) 9500
5) 12000
6) 14000
Ok, We Are Good! Kyber Network (KNC) Resumes Growing!We have a clear higher low on the KNCBTC chart, the correction is now complete.
We have higher highs followed by higher lows...
We have strong bullish action shaping up.
We have a bullish TD Sequential count starting now after conquering the EMA50 resistance.
When Kyber Network starts to grow, it will do so long-term.
We have first 90%+ and up to 180% potential profits target mid-term.
Thanks a lot for reading.
Namaste.
Kyber Network short term technical anaylsisThis is my first published idea, so help me out with some feedback and possibly a like!
I drew this trend well over a week ago, and price action seems to be moving towards the negative side as most altcoins are in the red. Risk increases in holding cryptocurrencies other than the major ones, which are still risky, so personally I have sold most of my altcoin positions seeing this trend continue during the next few weeks.