$KNC get ready to buy the dipProminent DEFI token reaching support at 20 MA daily. 1,50 looking like a nice entry for short or long term long trade.
What do you think ?
KNCPERP trade ideas
KNCUSD UPDATE - BREAKOUT IMMINENT TO $2.50+ SOONI wanted to provide a visual update for my KNC play. Zooming out on the 1D we can see a clearer picture on price action from a birds-eye view.
In about 27 days we moved 155% and corrected slightly....the descending channel pattern itself is bearish, but the breakouts are HUGE.
Will we see another 150%+ percent move by the end of August? We can only hope...
KNC updateWas hoping for KNC to drop to ~$1.35-$1.30 but only got as far down as $1.44, which makes sense when you look further back (2017 + 2018) at how it was resistance (turned to support in 2020).
I think that was the drop and believe we will now move up to the next resistance area of ~$2.20.
Thoughts/comments?
TG
KNC/USD looking BearishAs i shared before there was a great support of KNC/USD between $1,56-$1,54
a resistance at $1,68 but it coudnt pass $1,68 even it tried 3 times
but it kept falling breaking $1,55 strong support and felt till $1,42 .
Next Support level is $1,42 and then it 's $1,29.
Till KNC/USD price stays below $1,56, it's possible to fall till $1,06 and possible to earn %34 totally.
Good luck.
KNC TO $4+ IN THE COMING MONTHS - BE PATIENT MY CRYPTO FAMIf you bought KNC near its recent ATH, do not fret, more upward momentum is yet upon us.
As you can see we have bullish descending triangle that is nearing its formation lifecycle.
Fundamentals are strong as Kyber Network has included Chainlink into its protocol.
KNC only has 180M coins in circulation while LINK has 380M. Basic FA shows we should theoretically see a price that is at least 2x of LINK's current price.
I stand firm by my $4 price target by end of Q3.
KNC ShortI predict that KNC will shoot up mid-July then drop shortly after based upon previous market trends and the current positive news about KNC
Keeping an eye on some average levels and possible playsVolume seems to be gaining traction again, just keeping an eye out to see where this goes.
KNC - move down before we go upnot liking the range we're currently in, somewhat of a bear flag going on.
Looking for a small correction/move down to 1.30 -1.35 area before we continue to the upside.
Thoughts/comments?
TG
LONG - KNC - Trading OpportunityFTX:KNCPERP has been drawing a symmetric triangle for the past week already, this has been the 3rd bounce from the bottom trendline, looking to take advantage of the move, if it breaks out we will buy again on a retest.
Entry: 1.5912
Target: 1.7395
SL: 1.5389
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KNC/USD Analyzing KNC/USD was on the huge move last week and has been ATH $2 since 2017
then started falling and rejected to fall below $1,55 three times
also was rejected from resistance at $1,78 three times too
Now its moving up and as it looks in the graph, if it passes above $1,67, it's next target will be $1,78
If it is rejected to pass above $1,67, i think this time will start falling and break the $1,55 support and will fall till below $1.4
resistance levels are $1,67 . $1,78
Support levels are $1,55 , $1,36
Good luck.
KNC/USD likely to fallKNC/USD has been rejected from $1,76 three times and it's likely to fall till $1,55
ZRX Omega PUMP ImminentPlebian Peasants are trading Bitcoin while Coinbase GigaChads are aggressively buying ZRX
Still one of the most undervalued Gems right now trading below a dollar imagine that...
THis coin has major Silicon Valley funding , Coinbase Connections, the only DEFI project which
have added more value to ETH than anything,
THis is just the beginning of the rise of the
great American DEFI ,join us with the COINBASE BULLS to the fabulous pump to $2 and BEYOND
THE PROMISE LAMBO LAND AWAITS
SEND IT PAST THE GALAXIES WHERE IT BELONGS TILL THE EDGE OF TIME!!!
KNCUSD Long Position: Enter Katalyst and KyberDAOThis bull rally is likely due to the increasingly adopted Kyber Network protocols across multiple platforms, the successful advertising campaign and the announcement of the Katalyst and KyberDAO protocols.
With their release (7th July 2020), not only will the token see slight deflationary pressure (appreciation of token value) from burning tokens, but also the opportunity for users to stake their KNC tokens in order to vote on Kyber Network's actions. Staking will also be rewarded with the ETH collected from gas fees, further increasing the attractiveness of owning KNC tokens.
The long and short of it, KNC has further up to go. I am going long with a 100% target from here. Additionally, I will stake KNC and collect ETH along the way.
You ready for this?HAPPY FOURTH
If you followed my ideas on KNC since day one, you would be up almost 300%!! Congrats to who followed.
*Strong support*
-1.064
-1.2946
*New supports* that MAY be tested,These supports are important for continuation another leg up.
-1.5877
-1.44
Since my last idea on the 30% correction went through perfectly , we find ourselves in a familiar place again.
Whats next?
Another 30% correction.
We can see everytime KNC makes high, 30% correction follows.
Currently dropped about 22% to about 1.59
No time predictions
Good luck everyone
KNCUSD potential descending triangle spot on 1HR timeframeHi everyone, first post and very new to trading so take what I say with a pinch of salt. I think there is a potential descending triangle on the 1hr timeframe for KNCUSD marked by green triangle, indicating a possible drop to one of the supports below before demand kicks in at one of the lower levels of support ( lowest ~$1). I've got a feeling that after this short downtrend we are going to see a bounce back towards a $2 test. Would love to know other people's thoughts. Thx
Kyber Network The monster DeFiFor those who are surprised the the rise of Kyber Network let me explain the power of DeFI. Kyber allows you to swap your crypto without the use of an exchange and from the safety of your wallet, this makes it very convenient.
This Move is likely to be the beggining of a rally that might take Kyber to 10$ before the end of 2020.
Kyber - buyPositioning for a break over resistance at $1.55 ish. Kyber is the #3 defi coin and deserves to be much higher. I like to watch the ultimate Oscillator for bullish sentiment as well as trading signals on Kyber. Experiment with multiple time frames or the time frame you like to trade in and see for yourself. Great indicator. A break and hold over resistance and 2.59 becomes next target for a 64% gain or so.
Kyber Network - Defi ThemeIt is clear and apparent by now that the current theme in crypto is DEFI.
Looking at all the biggest gainers, that include Aave, Compound, Synthetix and others. it doesn't matter, eventually everything RELATED to defi will go up.
This is the current theme in the crypto market.
So far this "bull market" is not broadening whatsoever. Bitcoin is still sleeping. Ethereum is still sleeping. And that is a GREAT NEWS. People are still bored and not interested in coming back.
We are still far far away from even 2017 type of hype. We are more like 2016 type of hype where some altcoins did crazy but it has not yet gain the attention of mainstream yet.
Enjoy the gains in defi while you can, this will be a bubble and by the peak of the bubble, there will be lots of blodshed and most retails, including your mom and pops will be holding the bags. It is always the same pattern over and over again.
Humans never learn their mistakes.
Financial market are means to transfer wealth from the impatient to the patient. Those who say patient are now being rewarded and will continue to be rewarded.
It is still long away to go and Kyber Network is not even reaching its prior all time high yet. I will just buy all the breakouts and continue to ride the trend and may go into another altcoins that are about to begins its parabolic. I don't fall in love with anything. I will just make money where I can. I don't care.
This is the world you are living in, you are nothing if you don't have money. Make some money legally and then do what the fuck you want to do. But stop blaming others or rich people for your miserable life. Nobody is putting guns and tell you not to invest or trade.
Regards.
I don't read messages and comments, don't waste your time reaching out to me. I don't care. Sorry.
KNC in a parabolic advance?KNC is one of the altcoins leading the way. To me, it appears to be in a parabolic advance with little resistance above current price.
If we get some FOMO on this altcoin, could be a good ride up... something to keep an eye on.
thoughts/comments are welcome.
TG
KNCUSD Update -- Pattern Adjusted!?Good morning/evening traders,
In my last trading idea, "KNCUSD JUST BROKE OUT", I pointed out that the alignment of the upside breakout from a symmetrical triangle and the triple hidden bullish divergence should give this beast a new rally. Unfortunately, the profit was only 10% and the weakened momentum brought the price down to my stop loss target.
However, it seems that the last symmetrical triangle was transformed into an ascending triangle and a rare quadra hidden bullish divergence could form. If this plays out, the original set is still effective, and the 100% measured move targets the upper bound of the long-term rising channel.
Hope this helps. Please leave the comment, like the idea and follow me if you like my analysis.
HakoneDream
Kyber - why stop hereKyber seems to be going up systematically, don’t see why it should stop here. Would be interested in its usage statistics and tokenomics to check correlation
Entry: $1.25
Target: $2.50-6.00
Adjust: $2.50
Stop: $0.58
