Leg up for KNC looking possible - Repost 1st wasn't appearingFollowing along with the flags painting on the daily and hourly. Hoping for an upside move soon, not financial advice. Had to repost this since it wasn't appearing on my profile or in the search for some reason.Longby hereformemelinesPublished 447
Push to 1.90+ looking possible for nowFollowing along with the flags painting on the daily and hourly. Hoping for an upside move soon, not financial advice.Longby hereformemelinesPublished 115
KNC.usd pushing towards "Moment of Truth" one more leg to $1.7 ?KNC has been remarkably bullish. About to reach its "Moment of Truth". Was the big spike a "One Hit Wonder"? EW wise, we could be ending a wave 4 and starting wave 5. If breaks above red zone, I will plot a possible w5 target. For now I am observing the action around these fibs for clues. If you see blurry numbers, that is a TV rendering bug. Here is a Snap Shot of the above . Here is a Zoom OUT showing the fibs above and $1.7 dream target . EW wise, perhaps something like this that wave 5 target is admittedly Optimisitc. If we get a wave 5 it could end at any of the fibs below target. . by EuroMotifUpdated 7718
#KyberNetwork $KNC #DeFi Just Getting Started Weekly Looking at our highest timeframe (trend timeframe) we can see Kyber Network has been in a major downtrend and has actually never been in a bull market...I consider this something interesting in a positive way. Look at the most recent price action starting from November 2019 we can see price action found support at $0.15 after testing multiple times for about 3 months until breaking to the upside. Higher high was formed at $0.82 followed by a higher low at $0.45. Price action then decided to form an ascending triangle followed by a breakout and now looking to form a new higher high. Stochastic RSI showing momentum is heavily in favor of the bulls with no signs of slowing down, resistance at $1.35 and support at $1.04 Daily Shifting over to our pattern timeframe we get a better picture of the ascending triangle breakout and can see a symmetrical triangle has formed on the smaller timeframe also leading to another breakout to the upside. Price action now looking to rest $1.35 resistance, stochastic rsi showing bearish momentum has bottomed out and we should expect another push towards the upside. A daily close above $1.25 is a good sign we continue. 4Hour Lastly shifting over to our trigger timeframe we can see price action has formed a higher high at $1.27 followed by a higher low at $1.24. A 4hour close above our most recent higher high activates trade and we should see a higher high form near our $1.35 resistance. Stochastic RSI showing bullish momentum has also formed a higher low and bulls are reloading for the 2nd wave. I wonder what price action will be when we are in a bull market...Longby UnknownUnicorn2434649Published 4419
KYBER NETWORKS, KNC, BREAKING!Kyber Networks, KNC, appears to be breaking out in fifth and final wave of its very first impulse structure. Quite historic...VIVA LA CRYPTO!Longby unforgivenPublished 5
30% plus Correction? My call on the breakout was precise. I bought in at .82 and sold everything, Now what? Just be patient if you missed out. A correction is inevitable no matter how bullish,it is actually constructive for the structure for continuation. The key is where is a "good" buy now? Well that depends If BTC drops, everything follows. A key area too look for is the $1.08 area.In my last post I stressed how important this level was for the overall structure of this impulse. KNC price action has moved so much that EMA's are severly lagging behind on the highertime frames. KNC has yet to touch a moving average on the daily, and touched the 10 EMA on the 12 hour with a nice bounce. For healthy sustainable growth, I want to see a touch of the 21 EMA on the daily which as of now is at .98, which also was the last HIGH on March 1. Now where to buy? This is where I will be buying. 1.13-1.08(This is a risky/aggressive buy but is an important pivot in the case for continuation) 1.005-.96(this is where we made the bounce off our last high(with wick) on March1) .90-.93("Support" made on an hourly chart). THIS IS ALSO THE YELLOW 21 ON THE DAILY. .81-.87(This range is previous BODY CLOSE highs(no wick) on March1-3) Best buy is on the Daily 55 ema ( still at .73 as of now but is only going up) KNC reminds me of XTZ and I do Believe this is only the beggining. But just like when XTZ made its break from .77 to 1.98 a correction of more than 40% followed to 1.07, Look at it now.. We need KNC to drop in order to really confirm the structure for even further growth, How much it drops is open to interpretation.by itszootUpdated 5513
KNC/USD- Retrace required for valid entryKyber has seen some incredible gains over the last week but now finds itself in 'no-mans land' No valid support to speak of....(but correct me if I'm wrong) I think we will see a slow retrace to lower support before bringing new buyers in and some really solid gains. Shorting now for position, but long over the next few months. Alternate entry is a further break but I'd struggle to justify an entry so high. (Seems far too pumped already) May take a while but I think the lower buy line is valid. As always, not financial advice, just my own thoughts and TA. BingazShortby BingazPublished 229
You ready? Just hold on a second.Now that KNC broke out, whats next? Well open interest is off the charts, do not let stochastics fool you that the top is reached. Although it may very well be... for now that is. Major time frames are extremely Bullish will be confirmed at close. Now unless BTC breaks down, I do not see major pullbacks happening. If we do break under 1.08 on an hourly with a confirmed close and open, I would be cautious.Longby itszootPublished 7
Anyone for a Cuppa?I am liking the build up for KNC, The KNC/BTC pairing is shaping up for a very large inverse head and shoulders on the weekly time frame. I have been long for quite a while as i like to play the longer cycles but upon confirmation above the resistance I will look to add some KNCLongby DylanWikkiUpdated 777
KNC Breakout?KNC stochs from 1hr-3day all going up in sync together, which is a powerful indicator that KNC is bullish. The trend is up in all time frames.Longby itszootPublished 5
Pulse of an Asset ala Fibonacci: KNC nearing the dreaded 9.618 !"Impulse" is a surge that creates "Ripples", like a pebble into water. Ripples emanate outward until energy dissipates or a new Impulse acts. As the distance from the impulse increases, the odds of ending increase. 9.618 is in reality the 8th harmonic away from the impulse. 8 is a "fib number" and thus the relevance of 9.618 extension. IF this wave is ending, THIS is the perfect place for it to do so. Part of my ongoing series to collect examples of my Methodology : (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed Samples and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves <= Current Example Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.Educationby EuroMotifPublished 4419
KNC.usd near term Support Zones and possible Correction PathEarly plot of a possible correction pathway. Support zones to be observed for reactions. Might go much lower, reactions will be clues. $ 0.7100-7108 is immediate support, should bounce a bit. $ 0.6995-7012 should be good support including .7 round. $ 0.6882-6902 is the expected target, perhaps after a bounce. If you are seeing Blurry numbers, that is a TV rendering bug. Click Here for a Snap Shot of above chart, with clear numbers. Please hit the LIKE to encourage more of these posts. Hit FOLLOW on this IDEA to be notified of updates. Hit Follow on MY to be notified of new ideas/updates. . by EuroMotifPublished 5516
That's a repeatHistory always seems to repeat itself. This time it was fairly quick.KLongby jmacaliciousPublished 1110
KNC - Looks to have upside potentialBullish divergence on RSI and MACD pointing to some upside for KNC. KNC bounced from the small channel.by duffffUpdated 11
I think we're done going down for now... Hi traders, I think we're done going down for now. It looks like we're completing an ABC correction and we hit the .618 fib target. That doesn't necessarily mean we're going higher though. I expect C wave to take us up to the .66 area but much of this depends on bitcoin. Trade safe,by lolimssulosePublished 6
KNCI'm long everything... lol please any feedback and help is appreciatedLongby Tinyuniverse31Published 225
KNC Conslidating & Coiling Up To BREAK RESISTANCEHello Traders, KNC Broke out from a falling wedge and created a flag formation. It continues to coil up and I expect an eventual rise to about $1 and possibly as high as $1.4. We should consolidate around $1 but at this point, we'll need to see how this plays out. Currently there is a building of a bullish divergence on the 15 minute RSI. So I expect a move up soon but if we don't break the trendline, it could double bottom at .61 There are two ways to play this trade. #1 - If we break down, watch for a bounce on at the 50% fib at .61 (double bottom), we could go as low as the trendline at .57 too. If we bounce there, put in a long and hold with a stop loss no greater than .55 #2 - Wait for a breakout to the upside with a retest of the flag to put in a buy order. As always, this is not financial advice, do your own due diligence and only invest based on your decisions. Cheers!Longby lolimssuloseUpdated 336
KNC/USD Extremely BullishKNC/USD bullish once it breaks to the upside, target at $1, SL below triangle Longby samersiamUpdated 13