Kyber
Kyber Network Setup Looks Really GoodKyber looks close to bottom if not already been there. Been waiting for weeks for 200 SMA to Cross the 314 SMA. Looks very near. Little overhead resistance. Couple that with staking announcement any day now we might be looking for an rocket ship. Team looks good. Lot of players in the market but they standout for many reasons for big investors. Not saying it can overtake MAKER but I wouldn't be surprised. Add the fact stakers will be able to vote on number of coins burned thus increasing coin value makes it a no brainer long term. Please read white papers. Sit back and watch the fireworks.
kyber.network
calling moonshotsKyber looking sexy, forming a bullflag on the weekly chart, and currently sitting above a trend resistance lined turned support, this support in turn could act still as a resistance. I recommend indicator 'trend lines' for identifying trend lines and calling these moonshots, anythings possible.
$KNC | Kyber Network Possible Mid-term BUY Opportunity!Hi,
Happy New Year fellas, wishing best of luck with your trades. ;)
I know guys, this scenario may seem like a dream especially during these difficult days of the market. However let me finish my analysis. I determined a pretty decent buy area. If Bitcoin doesn't do anything wrong, the KNC price could reach those two target in mid term.
Cup and Handle Formation is the first thing that attracts my attention when I started to analysis this chart. The Cup and Handle Formation is a chart figure, which has a bullish potential. It starts with a bearish price move, which gradually reverses. The new bullish move finishes approximately around the top of the prior bearish move. Then the price action begins to create the handle, which is a bearish channel type structure. I marked cup part with red also marked handle part with purple. When I confirm the pattern in 1D graph, I got close to handle part. As you can easily see, the price is likely to break the channel of the handle, initiating a bullish move. This move has two targets. The first target equals the size of the channel during the handle. The second target equals to the size of the cup starting from the moment of the breakout.
There are possible buy signal is generated because the MACD (blue line) crossed above the zero line. When the shorter-term MA crosses above the longer-term MA, it's a buy signal, as it indicates that the trend is shifting up. This is known as a "golden cross." In KYC chart, EMA 9(short-term), 21(mid-term) and 200(long-term)'s crossing positively that shows that bullish trend. Also RSI raised head up.
Last but not least, Parabolic SAR has a great potential in Bullish Trend. Eventually, we see a new bullish SAR dot today.
Target 1: 0.000035
Target 2: 0.00006
Stop-Loss: Below Fibonacci Line
Do your own research and please like, subscribe and share your ideas.
Regards,
Muratcan
LONG - KNC - Trading OpportunityBINANCE:KNCBTC retesting a flat cloud top while creating a bullish divergence at the same time, stop loss is quite tight so this is quite a good play and risk free, this is looking like a reversal as we have closed above the Kijun.
Entry: 0.0000202
Target 1: 0.00002167
Target 2: 0.00002237
Target 3: 0.00002434
SL: 0.00001963
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Kyber slowly creeping out of the cloudHello dear readers,
Here we are looking at Kyber against the Bitcoin on the Daily chart. We are slowly creeping out of the Ichimoku cloud.
We are not out of the woods yet, but as long as we see steady growth of higher high's and higher low's, I am slowly entering into my position.
- From the lows of 0.00001300 untill now, we have already seen a 80% increase.
- From here to the next resistance, is the point of control on the weekly chart, 0.00003500. This means that it is the level at which the most volume is traded.
- The volume is increasing significantly, which we want to see as bullish confirmation.
My entry will be at: 0.00002400
My target will be at: 0.00003500
My stoploss will be at: 0.00002100
For a risk reward ratio of 4:1
Enjoy, Thumbs up if this was helpfull.
KNCUSD a 2340% under valued asset can make a new high upto 2617%On two weeks chart after a long time at last the 25SMA has crossed down the priceline to lift the price up very soon insha Allah.
Therefore I have defined the buying zone between 0.886 to 1.13 fibonacci.
The bearish shark with all required dimensions from X to C legs is formed soon when the 25MA will lift the pirce action up the formation of C to D leg will be started.
It will be a massive move.
The sell targets are:
Secure sell targets: $1.43453275 to $2.83247482
Aggressive sell targets: $6.74000000 to $5.45500000
Regards,
Atif Akbar (moon333)