Best of the Worst Crypto since New YearsOur ear's still ringing from the brilliant crash-boom-bang's kicking off the New Year, we take a look at the top coins ROI progression since January 1st, 2022.
Quite unexpectedly for me, I watched KNCUSD pop massively last week with great pleasure. Still the ONLY coin in my top-of-the-marketcap-list of crypto's under watch in the green, the bearish momentum appears to be contained for the moment, with some signs of bullish reversal wave beginning. However, we're far from confirmation of any reversal. So keep your eyes open for increased volatility.
At the head of the pack is FTTUSD, now just -%1 down since the start of the year, recovering nearly 10% from the low's on January 8th.
XLMUSD and XTZUSD aren't far behind, just -3% and -4% behind for the year thus far.
Knc
KNC, 10 Jan. An epic Cup & Handle.Kyber Network started trading on major exchanges at $1.88 in September 2017. It soon went to $6, then crashed to $0.11, and recently began to oscillate roughly between 1 and 2 dollars.
On the weekly chart (not the one above) we see a multi-year cup & handle pattern. More importantly, price has reached a point of the handle where we could position ourselves for a (potentially) epic move.
Let’s take a look.
Elliott:
We are looking for a wave (v) of C (in blue) to complete. If correct, this will bring KNC to $1, if wave 5 is equal to wave 1 in length.
Geometry:
Price got rejected at the channel median. The channel bottom provides support for what could be a spring in a Wyckoff re-accumulation.
Oscillators:
Stochastic is overbought and due to retrace. MFI is strongly positive. RSI shows a slight bullish divergence.
Volume:
Volume shows frequent (and quite extreme) demand spikes in a low volatility phase, a very bullish signal of accumulation.
How to trade it:
The idea is to trade a multi-month breakout, starting from the upper boundary of the channel. 3 Levels provide excellent risk-reward ratios to gradually build up our long exposure:
- The channel bottom at 1.1
- 61.8% retracement and .5 Fib of the channel at 1.3
- A higher high at 1.6, in which case the EW count is invalidated and the correction could be complete.
The idea is likely invalidated if KNC breaks below 0.97, which is the 78.6% retracement of the previous wave on the weekly chart.
KNC Arbitrage?Rocketing off against all market pressures otherwise, COINBASE:KNCUSD is the bubble in the balloon. I wish i was prepared to try to look at arbitrage opportunities here. All other major exchanges are asking for $1.50 +- while on coinbase we're seeing KNC hold steady at $2.00 for the past 2 hours, peaking out at near $2.50. Any thoughts here?
When I wrote the previous article, I wasn't expecting such a dramatic move, honestly. I was simply happy not all my favorite coins were tumbling. KNC at that time was up 5% for the week, compared to -5 to -20% for the rest. Now we're up to 20% for the week. Shows just how far down we really are comparatively. A 50% pump results in 20% gains.
Then again, KNC has been stuck in the basement the whole bullrun. What gives?
KNCUSDT 180 % increase soonKNC is a defi project.
Defi sector hasn´t done too good due to the nft and metaverse recent hype.
We believe that defi sector may perform well in 2022.
KNC is one of those solid defi coins that is listed on major exchanges such as binance, coinbase, huobi. Good fundamentals.
Simple analysis based on the key levels.
Currently pretty undervalued.
Price in the range. Wait for the pull back or buy now.
If the price drops to critical support, you can add more.
If critical support breaks, we expect further drop therefore having Stop loss is necessary. Proper risk management is a key.
Targets like in the chart. We expect KNC to give 180 % in the next weeks or months.
No financial advice
🆓Kyber Network Crystal v2 (KNC) Dec-3 #KNC $KNC
KNC is being rejected at the $2 zone and is heading towards the 1.6$ zone before rallying back up to the 2$, 2.4 and 3.2$ zone in December and January. But if it loses the 1.6$ zone then we are in. will consider buying it again at the $1.4 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.6
🔴Sell : 2 - 2.4 - 3.2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.4
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
KNCKeeping an eye on her! After a 446% boost wave we corrected, making a climax where bulls and bears are tied. leaving a beautiful symmetrical triangle pattern. I believe she will make the same move she said about the SXP cryptocurrency.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
🆓Kyber Network Crystal v2 (KNC) Oct-29 #KNC $KNCKNC is rising strongly again and it can advance to the $1.9, $2.2 and $2.8 zones this November. But if it loses the $1.6 zone, it will be quite dangerous as it can fall sharply to the $1.4 and $1.2 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.6
🔴Sell : 1.9 - 2.2 - 2.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.4 - 1.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Futures traders take alookHi people. Here im seeing Knc really solid as a swing trading for some days with little leaverage because of Knc's huge volatility due to its low market cap. As soon as bitcoin recovers this will fly for guaranteed. iI the daily cipher B is already telling us to buy and this breakout will be very big. The patient ones are the real winners, let's hodl that position!!!
KNCUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
🆓Kyber Network Crystal v2 (KNC) Oct-5 #KNC $KNCKNC has important support at 1.6$ zone and is heading to 1.9$, 2.3$ and 2.8$ zones in this October. But if it loses this zone, it will fall down sharly to 1.4$ or even 1.1$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.6
🔴Sell : 1.9 - 2.3 - 2.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.4 - 1.1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
KyberNetwork (KNC) Bullish With TargetsPeople ask me: Where are the USDT pairs?
Let's have a look at KNCUSDT.
Here we have the same pattern we studied on BTCUSD, ADAUSD and many other Altcoins.
We saw a strong drop 7-Sept. and then a recovery taking place.
Resistance is now showing up as the classic EMAs.
As soon as price move above these, you can expect a strong jump.
This is likely to happen soon.
This is not financial advice.
Thanks a lot for your support.
P.S. The targets are marked/mapped on the chart.
Namaste.