Kyber Punk!Wake the f*** up Samurai
We got Kyber in DIP
Salve, whats up fellas?!
Kyber Network is an on-chain liquidity protocol that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DApps, decentralized exchanges (DEXs) and other users easy access to a liquidity pool that provides the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform — and earn staking rewards in Ethereum (ETH). They also determine the rewards that liquidity providers (LPs) receive on the platform.
you better have some in your HODL portfolio
Targets 2.5 - 3 - 3.5 - 4
Ciao
Knc
KNC/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this KNC/USDT LONG setup. KNC looks good here.
KNC is breaking out from the symmetrical triangle and currently retesting it. It's good opportunity to long some here but do not forget to use tight SL.
Entry range:- $3.10-$3.18
Target:- 18-20%
SL:- $3.04
Lev:- 5x-10x
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KNC accumulation breakoutBeen following this KNC accumulation for weeks now.
Accumulation started this sideways channel back in June 2021. It finally broke out on 2/28/2022 and retested the breakout today 3/1/2022.
Price target is around 3.70 but wouldn't be surprised if it retested highs around 4.30.
Keep you eye on this one!
Not financial advice, just my opinion and view of the chart.
KNC (Kyber Network Crystal v2) Token Analysis 29/03/2022Fundamental Analysis:
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals --- and earn staking rewards in Ethereum (ETH) that come from trading fees.
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
DeFi has many use cases and possibilities. Therefore, no single liquidity protocol can fit the needs of all liquidity providers, takers, and other market participants. Kyber's liquidity hub architecture allows developers and the Kyber team to rapidly innovate and integrate new protocols into the overall Kyber Network to cater to different liquidity needs.
In April 2021, Kyber launched the Kyber DMM, the world's first dynamic market maker protocol (DMM). Kyber DMM is a next-generation AMM designed to react to market conditions to optimize fees, maximize earnings, and enable extremely high capital efficiency for liquidity providers, especially for stable pairs with low variability in price range (like USDC/USDT, ETH/SETH). They will be able to support pools with extremely high amplification factors, which means given the same liquidity pool and trade size, slippage can be 100x (or more) better than typical AMMs. Depending on their amplification strategy, liquidity providers can maximize the use of their capital and have the opportunity to earn much more fees relative to their contribution size, while takers can enjoy extremely low slippage on their trades.
Kyber DMM is the first of many new liquidity protocols that will be launched on the Kyber 3.0 Liquidity Hub.
In the Kyber ecosystem, KNC token holders play an important role in deciding new growth and value-capture opportunities and incentive mechanisms. Through KyberDAO, KNC holders can participate in the governance of the network by voting on important proposals. Kyber's community is sizable and made up of a wide range of developers, in addition to other members of the blossoming DeFi industry.
Kyber's fully on-chain design enables the protocol to maintain full transparency and verifiability. The platform claims to be the most used liquidity hub in the world.
As an ERC-20 token, Kyber is built on top of and secured by the Ethereum blockchain. In addition, Kyber uses an extensive trust and security model that protects users from misbehaving administrators or exchanges, thanks to security measures built in both at the protocol and smart contract level.
The platform has been audited by several third-party security firms and researchers, including Chain security, which have determined that the protocol is secure and hence free of vulnerabilities.
Kyber Network began its development in 2017 and is built on top of the Ethereum blockchain. The project was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore.
Loi Luu is a blockchain researcher and an advisor for various blockchain projects. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts, and co-founded SmartPool, among other decentralized projects.
Victor Tran is a senior backend engineer and Linux system administrator. He was the CTO at Clixy and 24/7 Digital Group as well as a developer for several projects in Vietnam.
Yaron Velner is the current CEO of B.Protocol, a decentralized backstop liquidity protocol, and was a postdoctoral researcher. Velner stepped down from his CTO position at Kyber in October 2019 but remains as an advisor.
The Kyber team is also composed of several executive advisors, engineers and designers. According to the official Kyber Network LinkedIn page, the company has over 50 employees --- most of which are based in Vietnam or Singapore.
As of May 2021, Kyber Network has a total supply of 210 million KNC tokens. Out of this, just over 200 million tokens are in circulation. The KNC token is dynamic, with the KyberDAO having the ability to vote to increase or decrease the supply in order to drive innovation, bootstrap liquidity, and reward early adopters of new protocols such as the Kyber DMM.
Kyber concluded its initial coin offering (ICO) on September 15, 2017, raising $52 million by selling each KNC token at a price of 0.00166 ETH. According to the official token distribution paper, 61.06% of tokens were sold in the ICO, 19.47% were saved for the founders, advisors and seed investors, and the remaining 19.47% was reserved for the company.
The current CoinMarketCap ranking is #122, with a live market cap of $631,085,676 USD. It has a circulating supply of 177,809,350 KNC coins and the max. supply is not available.
Te4chnical Analysis:
As you can see the Price has Fallen to the 78.6% of Fibonacci Retracement Levels and it has done with t the Reaccumulating Phase, where it Pushed the price to higher levels above the 23.6% Fibonacci retracement Level, currently the Price indicates a very good sign of New Bullish Cycle.
There exist a Bullish Divergence between Price and MACD visible in 3D chart, where it can be interpreted as the Bearish Trend Reversal and Start of the new Bullish Cycle.
We have defined 3 Targets Using Fibonacci Trend Base Extension Levels, and its Confluences with Fibonacci Expansion levels, which are the very significant Pivot Points on the Rally way.
where as the 3 TP gets its Confirmation after the 2 TP gets Triggered Followed by some Correction in Price.
Kyber Network seems to be Bullish 07/02/2021as it has already passed the accumulation zone, even once had touched its ATH,
currently in the supply zone so we can be very bullish about KNC
the TP has been defined by Fibonacci projection of its impulsive bullish cycle
and it seems to be at a good place to buy it,
what do you think?
KNC to $40???I'm not a huge fan of making pattern trades without utilizing other technical indicators but KNC could be doing something very interesting here.
1) Like I said, not a huge pattern only trader, but when you see something like massive cup and handle formation on the weekly like we see with KNC, it definitely peaks my interest, as the longer timeframes have more credibility in their analysis.
2) another thing that supports this cup and handle is our rejections from the key zone of resistance, marked by the red box, have been becoming less and less. The more we test a zone of resistance or support the higher likelihood we will break it
3) If we extrapolate the cup and handle data the price target for KNC is right around $40 which would be a MASSIVE gain.
4) A move up to $40 would require KNC to have quite a high market cap but it isn't impossible, so expect we actually top out a bit lower than that, maybe around the $25-30 region.
5) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Kyber Network (KNC) formed bullish Gartley for upto 11% moveHi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we had a nice trade of KNC:
This time on a 4-hr time frame, KNC has formed another bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KNCUSDT-SHORTBased on technical factors there is a short position in :
📊 KNCUSDT Kyber Network Crystal v2
🔴 Short Now 3.134
🧯 Stop loss 3.500
🏹 Target 1 2.930
🏹 Target 2 2.400
🏹 Target 3 2.000
🏹 Target 4 1.190
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
KNC (KNCUSDT) Daily to Higher tf Range updated till 18-3-22
knc/usdt Daily to higher timeframe range, the Alt got lot of space in between. there are some solid swing positions here and there. but intraday setups do offer risks. we can see some healthy clean break candle if even those are from p and d groups, price still picked up later. if the alt can stay and can bought from the higher tf retrace points it got space to push to higher zones if not than well going back down.
Bearish Head And Shoulds KNC Usdt Taking into account the current bearish nature of the market, we have a very nice opportunity risk reward ratio for a head and shoulder pattern.
I believe this asset is a strong candidate for this type of trading.
Key points:
Type of Trade : Short
Stop loss - 3 - 11% movement
Take profit - 2.4 - 11% movement
Take profit 2 - 2 - 25% Movement
Capital used - 1% of the account for stop loss making a 1-2,5 profit factor trade in case of winning
LONG ON KNCUSDT HAPPENINGG RIGHT NOWHello trading view community, should you like this analysis, please support with like and comments. Thanks it seems that KNCis something in this between, as one may observe it has switch its channel to upper level which could be a good sign as KNC reacted to $2.9 support level and surge up, if KNC couldThe volume on the daily candle is increasing
KNC/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick KNC/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- KNC/USDT Triangle pattern create and buy the dip and green zone
Entry:- CMP and buy the green zone
Traget:- 35% to 50%
Stop loss:-$1.750
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
KNC one of the strongest!The Kyber Network Crystal (KNC) is mapping out to be one beautiful structural set up that is bullish asf. It’s an alt coin that I have had my eye on for awhile now and it’s function is so relevant with what we are seeing in the global markets today. It has relatively used the 20 day as its trend and followed it pretty accurately even on the weekly.
KNC Is imo a hella good coin to put down on. It’s stayed afloat even in the most volitile weeks we’ve seen recently.
This is no finance advice and DYOR.