KNCUSDT needs to create the breakout!The price melted from the 2$ area and the market printed a huge red Candle.
Now the price is testing the support at 1.1$ area
How to approach it?
The price needs to create a new bullish impulse from it and create the breakout of 1.2$ area and retest it as new support, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
KNCUSDT trade ideas
KNCUSDT | SETUPKNCUSDT has made a sharp major drop from its recent drop.
It has been trading in bearish trend which is well respected by falling wedge.
Now RSI has also printed bullish divergence and price is also trading at horizontal support zone.
The bulls can shows strength at this level.
While break below support will all over to bears again.
Manage your levels accordingly.
KNCUSDT Long SignalKNCUSDT is one of the major hidden gems, i am currently bullish once it hits my entry setup, the coin is promising and the profits are amazing.
My setup is:
Entry: 1.05 - 1.15
OneTime: 1.12
Short Term Profits: 1.25, 1.28, 1.34, 1.39
Mid/High Profits: 1.75, 2.15, 2.40, 2.90
Please be careful with your money.
Good Luck.
KNCUSDT DEEP CRABCrab
The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies between 0.382 and 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 1.618 extension of the primary XA leg, 2) AB=CD pattern, either equivalent, 1.27 or 1.618 and 3) Extreme BC projection of 2.24, 2.618, 3.14 or 3.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 2.0 extension of XA. Conservative traders may look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures on a chart.
KNCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KNCUSDT
Here you see R1 as the resistance line which expresses the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas that include the support of price at several points. We have the fluctuation of price in an ascending channel below R1 and we predict it to fall to S1 and then here we must wait for some rising signs. In case we receive some confirmation candles, we expect a rise for the price to R1 and our long position is activated. But if the price loses the support at S1, more decline is waiting for that.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
KNCUSDT is ready to explode?The price is trying to have a breakout from the 1.72$ area resistance after an accumulation phase of 58days, very similar to CTK on my previous profit.
The price is creating an ascending channel as well.
How to approach it?
The price could grab new liquidity from the previous support in order to create a new higher low. So if the price is going to have a breakout from the 1.72$ area and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KNCUSDT | SETUPKNCUSDT is trading in a bullish parallel channel. The price is making higher highs and higher lows. The price action shows some s Now it is near to upper boundary of channel. The horizontal resistance zone also confluence with the upper boundary of channel.
We are expecting bear bears will be active at the resistance zone
Trade your levels accordingly.
KNCUSDT | BEARISH CHANNEL BREAKOUTKNCUSDT has broken above the bearish parallel channel . The price is currently trading above the upper boundary of channel.
We are expecting a bullish breakout once price sustain above the mentioned horizontal resistance.
The bulls need to break above the mentioned horizontal zone.
Trade your levels accordingly.
Kyber Network Crystal v2 KNC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Kyber Network Crystal v2 KNC has a negative overall sentiment recently.
I have the following price targets:
KNC/USDT short
Entry Range: $1.63 - 1.99
Price Target 1: $1.45
Price Target 2: $1.30
Price Target 3: $1.17
Stop Loss: $2.21
KNC / USDThi guys
analysis point :
1 - strong resistance
2 -broke ascending channel
3 - head and shoulder 4h time frame
✅We are providing an analysis with the specific period of time. Pay attention to the expiration date.
📌Stay faithful to the Stop-Limit at all times.
👍(If you find this post useful, give it a thumbs up, share your thoughts in the comments, and feel free to spread the word).
WYCKOFF distribution/accumulationIn short range knc already playout the spring but if we compare it in previous swing if price surpass the next hh of swing then we consider na ito ay kanyang uptrust and also knc shows forming sign of weakness which give more idea that surpassing previous ll and creating new ll have more possible for long position supporting of metigation rule in smc.