Whale pulling a bait and switch!!1. Drop price with low volume
2. Wait for big sell order
3. Drive price back up
KNCUSDT.P trade ideas
KNCUSDT Inverse H&S Detect Expected Big pumpDetect Inverse H.S Pattern
Buy range between 2.4 to 2.5
Sell target Minimum 40%
If you like idea share and comment thanks
KNC / USDTKNC / USDT up!
KNCUSDT : Broke out of the triangle.
Possibly heading towards $2.5
Entry : $2.08 TO $2.25
Target :
$2.32
$2.43
$2.47
SL : $1.98
Kyber Network *** Kyber Network is a very old project based on ETH network and with the recent growing interest in DeFi, they also transformed as a DeFi project.
This is one of the very first project from 2017/18 along side with projects like Komodo Plattform where you could swap your tokens.
Which we are doing now a days with UniSwap and other dozens of swap project.
Comparing to those projects Kyber Network is very low in price at the monet and could show good growth in coming years with the rising interest in Bitcoin and other digital assets.
*** This is just for educational purpose. Not an investment advice. I am just sharing my own analysis.
Thanks for watching.
Follow if you like.
KNCUSDT Strong Bullish MomentumLong time resistance is being challenged again and this bull momentum is still being kept since 24 Dec 2020 with an 256% increase from the start of the bull momentum.
At this point it could be either denied by the resistance and bounce from the lean support or rocket through the resistance
KNC/USD - Aiming for $2 then $2.5 🚀🚀🚀KNC is looking quite bullish. We found good support on $1.5 level and now we are clear for higher levels. Price also moved above the resistance at $1.8.
MACD is looking bullish, RSI is going up and volume is increasing. All bullish signs.
Immediate targets are $2 and $2.5. KNC can offer a nice swing long opportunity here.
Market is also quite bullish with this recent move of BTC towards $52k. Bias remains bullish on KNC and a good coin to have.
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KNCThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
KNCUSDT (KYBER NETWORK) - UPTREND CONTINUATION ANALYSIS 🔎
- KNCUSDT brokeout above the double bottom neckline resistance.
- Price hit an ATH and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
Kyber KNC mid-term uptrend with short-term downtrend to break? The volume is low, so I don´t expect the yellow path, but the purple path to be more likely.
If anything is not clear, feel free to ask.
No financial advice - good luck
KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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-15+ years experience in markets
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-Supply/Demand Zones
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-Key S/R levels
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-setups that make money
KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KNCUSDT daily chart review
::: chart looks good /strong
::: speculative bullish setup
::: get ready to BUY LOW from my level
::: BULLS seek to BUY/HOLD from 1.075
::: strong horizontal mirror S/R level
::: expecting short-term losses
::: BULLS wait for re-test of 1.075
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +165% gains later
::: exit near point D +165% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 2.95//3.05
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +165% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
KNCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a triangle. Right now it is at the bottom. If it is able to go all the way up and break the upper side of the triangle, it will continue moving in the direction of the orange arrow.
If it goes to the bottom and break the bottom side, it will continue going in the direction of the green arrow.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Not looking as good as the BTC chart Not looking as good as the BTC chart - but in an uptrend at least $KNC
