KNC watch 1.66 zone (trend support)Values to watch:
- 1.933
- 1.803
- 1.66 trend support
- 1.432 support
KNCUSDT.P trade ideas
KNCUSDT Looking good.Cup has completed, forming an handle. Feels like its about to shoot high. Give it some time, its been bit steady compared to other, which I think is a good thing. Targets are on the chart.
KNC- DEX token on fire. Long after the pullback.Kyber Network- One of the only two DEX coins that are on the Coinbase and are on the hot streak. Follow the daily timeframe and buy on the pullback as long as the ascending triangle structure remains intact
KNCUSDT 4hr Chart - LongDisclaimer - Its not a financial advice, just my thoughts. Please do your research before investing.
There has been a change of trend, volume is good as well, plus defi is hot at the moment. Should reach $2 soon.
KNC: Inverted H&SAn Inverted H&S continuation pattern has formed.
Wait for confirmation.
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KNC - RIsky one possible ascending triangle in the making with Bullish Cypher, gonna risk a short IF WE REJECT FROM RESISTANCE
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#DoYourOwnResearch
#notfinancialadvisor
#DoYourOwnResearch
KNC BreakoutSo far KNC is been stalled by 2nd pivotal resistance but looks firm with ichimoku cloud and rsi.
So there is plenty of upside room for knc.
Let's see if it can aim for previous local highs and maybe new ath.
KNCUSDT AnalysisI have mixed views about Kyber. There was a BB Sell signal on August 7th, 2020, indicating that it is time to sell it. However, today, Engineering Robo 1 is giving a Buy 1 signal. There was also a BB Buy signal on July 28th. The trend has been moving above the uptrend line (support level). I can choose to buy it and sell at the resistance 1.858 resistance level. If the candle goes down and breaks down the support level with an open-close candle below it, then I will sell it.
Kyber network looking BULLISH volume is very highkyber network RSI looking in oversold realm, MACD showing very strong signs of reversal towards the upside. volume is IMMENSE when compared to all the months prior. the green line shows where the trend has played with support flipping as resistance since very early 2020 and has been using it as support since july 10th. looking for a large pump very soon, i find it possible that it blasts right through 2.0 price.
---also it is possible that if it doesnt hold the green line as support it will do what it did before the most recent pump and will play below the green line trading sideways for a couple months before blasting off to much higher highs---
KNCUSDT analysisSince the chart and is above the support and we have a BB buy, we can buy this stock. We can sell at resistance. MA20>MA50 which supports our decision. We can also use McGinlet dynamic to support our decision.
KNC beautiful R:R here, can go higherThis 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 personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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#KNCUSDT going to correction in the downtrend channel KNC needs the correction for pump and returns to uptrend channel, so if break the support and go down in downtrend channel, it will pump again after som correction... in the second alternative, it can be going to bull in uptrend channel and break all resistance.
KNC gears upA beautiful setup with a very tight stop.
Entry: 1.44
SL: 1.37 (1.31 if you can use a wider stop)
Target: 1.73
Good Luck!
KNC 3rd try at this - ascending triangle breakout confirmedKNC 3rd try at this - ascending triangle breakout confirmed
KNCUSDT Higher Lows Structural Resistance|Volume Influx|.618 FIBEvening Traders,
Today’s Analysis – KNCUSDT – bullish price action trading into its apex where a break will be imminent.
Points to consider,
- Consecutive higher lows
- 21 MA support
- Key structural resistance
- Oscillators above 50
- Strong volume influx
KNCUSDT has established consecutive higher lows under key structural resistance; this gives us a bullish bias on the market.
The Oscillators are both trading above 50, further solidifying the short term bullish bias.
Immediate support, the 21 MA, in confluence with the .618 Fibonacci, if price retraces it must hold as this area is the apex.
A strong volume influx is evident, it needs follow through which is a technical signal of demand being present in the market.
Overall in my opinion, a retrace to the .618 Fibonacci will allow for a valid long, risk is defined at previous swing low. This is front running the break so discretion must be used upon management.
What are your thoughts?
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And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
