💬 Kyber Network (KNCUSDT), also known as Kyber Network Crystal (a Star Wars reference), has been on a rip recently. Being the native token of a popular DEX that somewhat recently starting trading on major exchanges, there is some reason to be bullish on this beyond this chart! The question here today is this, can the bulls force push us out of this range, or will...
KNC/BTC -hitting weekly resistance area -potential bearish double top -weekly bearish divergence RSI -multiple retests of flat support which is bearish -unable to get above 50ma&100ma on 4h chart -a decline in volume indicating a large move -RSI is below 50 level which is bearish -you can enter a Sell position on the retest of flat support -that's an aggressive...
KNC/BTC -currently forming a bullish ascending triangle -the pattern is unconfirmed until we see a break to the upside -two safe trade setup -buy the break/close above 13900s -sell if the trendline support break/close -targets upside/downside is on the chart
KNC/BTC -broke the weekly trendline resistance -new higher low support is established at 6200s -our upside target is up to 17600s or higher
Just some interesting patterns I spotted, let's see if it holds true (probably not)
KNC/BTC -the lower channel of support may have working working -has the chance to retest to top channel resistance -holding above the Cross Ultimate moving averages -our key stoploss is below the channel box -the priority remains bullish for short term
KNC/BTC -broke above the local resistance -manages to climb above 20ma -new immediate support is set at 7000s -upside potential is up t 11000s -stoploss below 6300s
KNC/BTC -trendline resistance breakout -trading above 50MA -potential new support at 6670 sats -upside target up to 10,000 sats -stoploss below 6200 sats
Chart is showing that price refuses further downside movement and starting moving sideways as a preparation for a new bull cycle. $KNC is showing a bullish divergence on daily chart. It has a working product and low coin supply. Green - buy. Red - sell. It's not a financial advice. Trade carefully and good luck!
I think the chart is repeating itself but with 1 week version of its first 3 months daily chart. The time range ( 08/10/2017 - 10/12/2017 ) daily chart <--------> ( 30/04/2018 - 07/01/2019 ) weekly chart is almost copy of each other. So if my prediction is true, we can see in the end of 1st week : 4200 satoshis 2th week : 5400 satoshis (max range...
Technical analysis: . KYBERNETWORK/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0014100 to 0.0012800). if so, traders can set orders based...
Technical analysis: . KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0014300 to 0.0012800). if so, traders can set orders based...
Technical analysis: . KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0014300 to 0.0012800). if so, traders can set orders based...
Buy Price: Yellow Line TP: Green Lines Moon: White Line Support: Blue Line SL: Red Line Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell...
High possibility to do this movement! Buy now with %20 of budget, sell on 3 stage 1th stage - %30 profit 2th stage - %50 profit 3th stage - %80 profit
Technical analysis: . KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: . Price is in the support zone (0.0016800 to 0.0015200), traders can set orders based on Daily-Trading-Opportunities and expect to reach...