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KNCBTC

KNC/BTC - 3/8/2018Good Morning, Traders! In the short-term, KNC/BTC has been in a constant bearish trend since early February. Looking at the 200-day and 20-day moving averages, it can be seen that this trend started to come up slightly, but overall continues in this trend. The support level aligned with the 78.6% fib retracement level is the first bullish push KNC had after hitting the lowest low, making it a strong support level to reverse the trend. If the price starts to move in the bullish direction before this, it will be hit by the resistance level given by the Ichimoku cloud. Important Resistance Levels: 15501, 17462 Important Support levels: 13203, 10636 DISCLAIMER  WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.  CONFLICTS OF INTEREST  GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.  Written by:  Hammad Fazlani Research Analyst
by EQBM
Kyber Network (KNC) Divergence + Breakout, 50% Profits PotentialI've been looking at Kyber Network (KNC) on Binance for a while now. I've been receiving messages asking me to review this coin many times, so I always kept my eyes on the chart waiting for the right signals to trade this coin. So are the signals there? Let's take a look at just a few of those... Note: Before we even get started... Please allow time for this trade to develop. If you are unsure, have doubts or can't take a loss... Please do not trade, as there is always risks involved with trading. Prices can go up as they can go down, and the market can change pretty quickly based on hundreds if not thousands of different factors. *** Kyber Network (KNC) Trade Analysis by Alan Masters *** ###Chart signals & indicators Let's first take a look at the daily chart: - Here you can notice how the candles are becoming smaller and curving, signs of possible change. - The TD count reaching its lowest point, with #8 being a neutral candle and #9 a new green candle, with the potential to start a new run. - The RSI has been hovering around the oversold line for two weeks now, a very strong signal telling us that sellers have exceeded their balance. KNC has been oversold for long. This same indicator allows for plenty of room for growth once the action starts. But we need to look at a shorter time frame, if we want to look for possible breakouts and bullish signals. On the 4 hours chart the reversal signals are easier to spot. Let's take a quick look: - First you can see a strong period of positive divergence (purple lines), where the price is going down but the MACD is going up, making higher lows. At the same time it is starting to trend upward after crossing over and showing plenty of room for growth. - The RSI went to "extreme" oversold and finally bounced to start trending up. The other indicators are also showing early signals of a trend change; from negative to positive. - The shorter time frames are giving better signals, with the MACD and RSI already bullish and a strong breakout is already on its way. ###Trade instructions Here are the instructions for this trade: Buy-in: 0.000154 - 0.000177 (If above buy-in range, wait for retrace to buy in) Targets: (1) 0.000184 * Target reached 5-March* (2) 0.000204 (3) 0.000234 (Up to 50% profits) (4) 0.000284 (5) 0.000364 (Up to 136% profits) Stop loss: 0.000140 ###Message: Did You Enjoy The Slow Days? I am seeing the market, trying to turn from red to green. We have been slow for a few weeks, but that was a blessing for me. As I am used to say, opportunities will always come your way. So it is wise to enjoy the action, the profits, all the trades... As well as the peace, make sure to enjoy the slow days. So the market works in cycles, it moves down, it moves up. The goal is not to force it, but to learn to go with the flow. Namaste.
by AlanSantana
28
Being cautious with KNCFrom my previous idea KNC did a rebound but it didn't hold and continued to fall. I still don't really know why it's dumping this hard compared to other coins. From what I see, we have 2 supports lines and we already touched once the first one. We've broken the first downtrend, but we're still not in a uptrend, although the fall is now slower. We can be in a uptrend again when we break that second downtrend but to do so we will need an increase in volume (who was slowly getting lower too). For that KNC needs to have some goods news soon like the complete mainnet release, but that shouldn't happen before april. On the other hand KNC have already fallen alot (around 60% from ATH) so it doesn't have much room to go even lower. I'd wait to see what happen around theses two supports or for some positives news first before doing something again with KNC.
by UnknownUnicorn2435735
Cup and handle forming on KNC?KNC took a huge dip in the last week, but right now I see a potential cup and handle forming. Unlike most alt coins out there, Kyber Network have a solid product that actually exists, and a great team to back it up. With the rise of exchange hacks, their decentralised exchange is actually useful, and will only get better. Keep an eye out for this one, it's looking bullish to me. Of course, all of this depends on what happens with BTC over the coming hours/days.
Long
by ch3weh
$KNC $KNC.B - Kyber - 4hour Chart BinanceI was asked to run a chart on KNC, this one is for Binance. It is on a heavy downtrend at the moment. Its riding the bottom bollinger band with a large bearish candle and RSI is below 30% which shows signs of it being oversold. The oversold RSI can be a sign there is a reversal soon, though if I were to buy in, I would wait until RSI goes positive and we see some bullish candles. This may not be the bottom for KNC so buying in should wait. If you are holding this, either wait to gain some losses back or I may take the loss and re-invest elsewhere.
Short
by UnknownUnicorn2091450
Exchanges got hacked again?! people loves DEX like Kyber NetworkNice risk reward trade technically, but this time I am going to throw you some backgrounds behind first. Ever since 2013 the infamous hack, people are starting to realize that centralized exchanges are huge risk both for us and the whole cryptocurrency market. We then experienced hack but fortunately that didn't drive them out of business, instead, they issued tokens and relieved. And, here we are, as Forbes reported 'Crypto-Heist': Coincheck Hack Could Be The World's Biggest Ever Cryptocurrency Theft bit.ly 534million worth of NEM gone in a matter of seconds. Just earlier today, 10 Jan 2018, We have ANOTHER!!!!! The wall street journal reports, Cryptocurrency Worth $170 Million Missing From Italian Exchange on.wsj.com 170million worth of NANO this time. ALL OF THE ABOVE will force people to look for DEX( decentralized exchanges), such as #ico-neonexchange- * $OMG * $KNC * $BTS * BNT PLUS, technically we have an ascending triangle shown on the chart of KNC right here. I'm going to allocate 30% of my portfolio into this space. ***Disclaimer*** This is just a personal opinion, NOT financial advice.
Long
by JoE
1