KNCBTC trade ideas
KNC - Bullish Case Made - Low Failure Rate #KNC #BTC #kyberI have been building a position in KNC. Added to position during dip under 1400 yesterday (3/29). Below is a bullish case, bearish case and an observation. On all items, but the observation in particular, I'm definitely open to challenge. That is, if anyone sees an error, please do point it out.
Bullish Case:
-TK Cross on the 12 hour
-Lagging indicator above price on 12 hr
-Bullish Divergence (RSI/Price)
-RSI approaching breach of midpoint
-At major resistance turned support level (9 touches on the 12 hr in March)
Bearish case:
-Price below cloud
-Lagging below cloud
-Cloud itself is bearish
-Overall market trend is bearish - Any bullish entry is counter-trend at this point
-Trust I could make a very long list of bearish indicators, but stopping here.
Observation:
I believe this is true, but certainly open to a challenge on it if anyone sees an error. If you traded KNC when: (1) RSI indicated upward momentum; (2) RSI was at or above 48-52 zone; and (3) sold immediately on sideways/downward RSI, I believe the failure rate of your trades would have been 0% during the previous few months. These trades are reflected in yellow boxes and are numbers 1-10. Trade 10 would be right now.
No advise here. DYOR. Don't trust anyone on the internet. Aaaand, good luck to all.
This the channel I seeThe red line is my stop-loss, Yesterday with CND it was too short, it got triggered by the BTC candle
Posible doble suelo en formación. Buen aspecto técnico.Un posible doble suelo se está formando. El último mínimo está por encima del anterior y tras las fuertes caidas al igual que otras altcoins, está intentando volver a formar máximos y mínimos crecientes, que se confirmarian con la formación del doble suelo en este caso.
El aspecto técnico es bueno.
KNC bearish end???My previous analysis predicted completing C wave but end up lost trade however I am in for bullish swing trade.
Technical Analysis :
-5th of C wave completed
-Bullish Divergent
-Channel Breakout
Bearish my view:
-Break current 5th of C
Highlight:
-If break my i wave top will be even bullish sign.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
KNC bearish end??? 50/50My previous analysis predicted completing C wave but end up lost trade however I am in for bullish swing trade.
Technical Analysis :
-5th of C wave completed
-Bullish Divergent
-Channel Breakout
Bearish my view:
-Break current 5th of C
Highlight:
-If break my (i) wave top will be even bullish sign.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
KNC potential C of 2 wave completionI am an individual trader, based on personal analysis and fall in love with Elliott Wave trading.
Welcome to share your ideas and let's improve it!
KNC DROP FASTER!!!Highlight:
- Mainnet launch 31 March
- Golden Ratio if it hit with C wave completion
-Do not JUMP in if you miss the bull because will be dump after the news hip
- DCA price range start from 0.000141
Exit:
- Close below 61.8% Ratio
I am an individual trader, based on personal analysis and fall in love with Elliott Wave trading.
Welcome to share your ideas and let's improve it together.
Looking for accountability partner in the trading journey and grow as professional trader.
KNC showing very positive signs of reversalKNC has reached the bottom of the descending wedge as well as meeting the green supporting trendline all on the daily. With the RSI showing a bullish reversal and a MACD bull cross.
All positive indicators are highlighted. I think we are set for a swing trade at minimum. I think now is the time to buy (.00014 - .000145)
*education purposes only*
KNC Cup and Handle Forming!BINANCE:KNCBTC
KRAKEN:XBTUSD
All,
Look at the chart and note the support and resistance lines that would MAKE the cup and handle not out of thin air. If it holds the trend lines and support it we could see a big move after!!
ABC DOWN?looks like KNC is doing the C-D leg down. Notice the gap (circled) at 16k? oddly enough if the A-B leg (13k) = the C-D leg then we are filling that gap at 16k.
lets see if this plays out
KNC/BTC - 3/8/2018Good Morning, Traders!
In the short-term, KNC/BTC has been in a constant bearish trend since early February. Looking at the 200-day and 20-day moving averages, it can be seen that this trend started to come up slightly, but overall continues in this trend.
The support level aligned with the 78.6% fib retracement level is the first bullish push KNC had after hitting the lowest low, making it a strong support level to reverse the trend.
If the price starts to move in the bullish direction before this, it will be hit by the resistance level given by the Ichimoku cloud.
Important Resistance Levels: 15501, 17462
Important Support levels: 13203, 10636
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
KNC/BTCExpecting consolidation in the box between 14.8 and 12.9. Waiting for traders EMA to compress before entering long.
Kyber Network Sweet 30% GainPotential 30% percent gain with KNC. Good time to enter. Stop loss and profit level as shown. Good luck.
