KNCBTC
Kyber Network - The Ascending TriangleThe price movement of Kyber Network has created The Ascending Triangle Pattern and in this scenario this pattern is considered as continuation for the price action which is upwards.
MACD & RSI supports upward movement. The price has already breached resistance level few times and returned back inside the triangle leaving long wicks behind. It is important to wait for proper break out signal and that's why buy target should be set at or above of 0.000457 level which can be found at 1.272 Fib level. Stop order can be set at 0.00315 and The Symmetrical Triangle gives us target around 0.0006 level.
Before taking any trades, do your own research and measure your risks.
Educational Part:
How do you get target from this pattern?
Draw vertically a line from the highest point of the pattern next to the lowest point. The line we just draw gives us the length of the target. (Example in chart, purple lines)
Move this line to the break out point. Where the price has breached top line of the pattern. Where this line ends is giving pointers where the price might be heading to.
Trading Information for Kyber Network (KNC/BTC):
Buy: above Above 0.000457
Partial Profit Targets: 0.00053
Main Profit Target: 0.0006
Stop-loss: 0.000315
If you need any help with trading, recommendations or where to search basics just feel free to leave me DM in here or in my twitter. I try to respond ASAP! :)
Happy trading!
Things to Remember:
Stop-loss orders are strongly recommended.
Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
Do your homework before investing.
Yarr
KNC/BTC ANOTHER UNDERCOVER CRYPTO BUILDING A POSITION!Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher right now but it looks like it is slowly building momentum. Here's what we're seeing:
- CUP FORMING WITH MOMENTUM MOVING HIGHER
- WE CIRCLED THE VOLUME BUILD UP THAT HAS BEEN TAKING PLACE
-WE ALSO CIRCLED A SQUEEZE THAT IS FIRING TO THE UPSIDE
All of these things are simple but fit our system for a move building up to go higher! Patience through the swings will be key! Good luck to all!
SOME BINANCE ALTCOINS TO KEEP YOU UPDATED
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BINA
KNC/BTC chasing the Blue MoonCryptocurrency Market Capitalizations Rank 54 Kyber Network (KNC)
Skywatchers are in for a rare treat tomorrow (Jan. 31): a Blue Moon, a total lunar eclipse and a supermoon all at the same time!
Oops, we are traders, not skywatchers, but we find KNC/BTC 3.12% has a potential to reach its blue moon.
An ascending triangle structure is forming at this moment. The yellow layer maybe called an ozone layer. Keep an eye close to see if there is a breakout. (Please note: bullish divergence on MACD )
On the other side, Ichimoku analysis is not clear to tell us the direction. We hope the chinkou span will move higher above all the candlesticks . At this stage, the Tenkan-sen is still above Kijun-sen, we look forward for a bullish trend soon.
KNC Trade: 50% Profit Potential$KNC Trade : KyberNetwork is a system which allows the exchange and conversion of digital assets.
Buy Price : Under 33k sats
Targets:
TP-1 40k sats,
TP-2 48k sats
TP-3: Moon in March
Stop Loss below S1 support: 29.3k sats
Catalyst:
- Partnership with ICX as we mentioned in earlier posts.
- Wallet Release in Feb
- Mainnet Launch in Martch
KNC Kyber Network KNC/BTC Potential Double-TopAs KNC bounces off the 786, I am looking for a potential short-term double-top pattern, if retracement holds at the 618, I would expect traders respect the value as support is made at that level.
If these conditions are met, Market Traders would be looking for a short-term run up to the 1.272-1.414 Extension for short-term profit taking. 11% Gains if these conditions are met.
KNC BTC - well deserved hike on "charts"KNC is one of the most undervalued gem in the world of cryptos! Its always destined to be much higher than this tiny market cap and rate.
Now, we have a solid Cup and Handle and I have marked 2 golden lines and these are my targets. This is a definite long term HODL, not much to say here :)
PS: might just want to wait for the breakout (close on daily above 0.0004) if you aren't long yet :)
Happy HODL-ing :)
KNC 60% profit potentialBeen holding KNC for a while (bought @ 2600 satoshi). Will now track it to see how much profit we can make. The big dump right now does not seem to stop the overall uptrend as we see it breaking the resistance @ fib 0.5 (still to be confirmed). If that is the case I feel the winning game could be on. At least I am game ;) I believe we can have +/- 60% profit on this within a midterm period. So, I will be following this one closely. If it breaks trough we are game.. if it bounces back and stays above support we are game..
KNCBTC - Buy on Dips if possibleKyberNetwork, a trustless decentralized exchange and payment service.
You guys can go read more on the white paper.
There isn't much updates on Kyber at the moment to cause such a rally in price in a few days.
I believe there may be a correction along the way, so I'm waiting to enter at a better price if possible.
I have indicated a few areas to enter for you guys to consider.
Good luck, may the force be with you.
KNC/BTC showing strong upward trajectory Buy the dips and sell the highs
Or better yet, HODL. The charts are saying so, and the project as well:
- A new trading platform that will allow trading of smart contracts.
- We have seen other trading coins grow exponentially (Binance Coin, Kucoin)
- Vitalik is on the Board
Kyber network 300% profit target! Mainnet upcomming!This was a technical analyse from my paid group. It was a big winner. Note: we don't have always winners, but we use good monemangement to stop our losing trades fast and ride the winners. :)
But I wanted to share it with everybody, because I really beleve we will hit the other targets also!