There is a possibility for the beginning of an uptrend in KNCBTCTechnical analysis:
. KyberNetwork/Bitcoin is in a downtrend 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 39.
. While price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006300 to 0.00005040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006300)
Ending of entry zone (0.00005040)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00008680
TP2= @ 0.00010000
TP3= @ 0.00011750
TP4= @ 0.00013140
TP5= @ 0.00015900
TP6= @ 0.00018700
TP7= @ 0.00020600
TP8= @ 0.00023530
TP9= @ 0.00027380
TP10= @ 0.00033470
TP11= @ 0.00044000
TP12= Free
Kybernetwork
There is a possibility for the beginning of an uptrend in KNCBTCTechnical analysis:
. KyberNetwork/Bitcoin is in a downtrend 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 39.
. While price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00006300 to 0.00005040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006300)
Ending of entry zone (0.00005040)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00008680
TP2= @ 0.00010000
TP3= @ 0.00011750
TP4= @ 0.00013140
TP5= @ 0.00015900
TP6= @ 0.00018700
TP7= @ 0.00020600
TP8= @ 0.00023530
TP9= @ 0.00027380
TP10= @ 0.00033470
TP11= @ 0.00044000
TP12= Free
There is a possibility for the beginning of an uptrend in KNCETHTechnical analysis:
. KyberNetwork/Ethereum is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
. While the RSI and the price Up Trend in the Daily chart are not broken, Bullish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.0018800 to 0.0017080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0018800)
Ending of entry zone (0.0017080)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0020730
TP2= @ 0.0022940
TP3= @ 0.0026110
TP4= @ 0.0028860
TP5= @ 0.0032100
TP6= @ 0.0041230
TP7= @ 0.0045230
TP8= @ 0.0053910
TP9= Free
There is a possibility for the beginning of an uptrend in KNCETHTechnical analysis:
. KyberNetwork/Ethereum is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
. While the RSI and the price Up Trend in the Daily chart are not broken, Bullish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.0018800 to 0.0017080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0018800)
Ending of entry zone (0.0017080)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0020730
TP2= @ 0.0022940
TP3= @ 0.0026110
TP4= @ 0.0028860
TP5= @ 0.0032100
TP6= @ 0.0041230
TP7= @ 0.0045230
TP8= @ 0.0053910
TP9= Free
A trading opportunity to buy in KNCUSDTechnical analysis:
. KYBERNETWORK/DOLLAR 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 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 0.96826459 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (0.9608 to 0.7076).
Beginning of entry zone (0.9608)
Ending of entry zone (0.7076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1608
TP2= @ 1.4954
TP3= @ 1.8088
TP4= @ 2.4892
TP5= @ 3.0399
TP6= @ 3.5879
TP7= @ 5.3674
TP8= Free
A trading opportunity to buy in KNCUSDTechnical analysis:
. KYBERNETWORK/DOLLAR 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 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 0.96826459 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (0.9608 to 0.7076).
Beginning of entry zone (0.9608)
Ending of entry zone (0.7076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1608
TP2= @ 1.4954
TP3= @ 1.8088
TP4= @ 2.4892
TP5= @ 3.0399
TP6= @ 3.5879
TP7= @ 5.3674
TP8= Free
There is a possibility for the beginning of uptrend in KNCBTCTechnical analysis:
. KYBERNETWORK/BITCOIN is in a downtrend bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000130 to 0.000109). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000130)
Ending of entry zone (0.000109)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000161
TP2= @ 0.000187
TP3= @ 0.000207
TP4= @ 0.000235
TP5= @ 0.000274
TP6= @ 0.000313
TP7= @ 0.000369
TP8= @ 0.000440
TP9= Free
There is a possibility for the beginning of uptrend in KNCBTCTechnical analysis:
. KYBERNETWORK/BITCOIN is in a downtrend bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000130 to 0.000109). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000130)
Ending of entry zone (0.000109)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000161
TP2= @ 0.000187
TP3= @ 0.000207
TP4= @ 0.000235
TP5= @ 0.000274
TP6= @ 0.000313
TP7= @ 0.000369
TP8= @ 0.000440
TP9= Free
KNC/BTC looking for a setupHi everyone, quick analysis on Kyber Network :)
Trading within a longer term wedge pattern (in blue) and seeing a gradual decline over the past week (as with all other altcoins).
This tells me that the altcoins are generally in the oversold zone and edging at their lower threshold. Some key levels to watch for are 0.00017 and 0.00013 as points of key support/resistance based on historical patterns.
My take is that if KNC were to rollover downwards from the blue support trend, the next lowest level of support would be 0.00013. For those greedy folks you might want to wait this out. However, for those not wanting to miss the boat on this opportunity, i'd say the Risk-to-Reward Ratio is still favourable.
How i would play this:
I'd go long at the 0.00016 - 0.00017 range with a 30% stop loss at 0.00012, with different exit levels as indicated. The pivotal point is KNC to break the overhead resistance trend (blue), following this i i'd use key Fibonacci to project my exit levels.
If im feeling really greedy, i might watch for the RSI to kiss the 30 mark - then again, there is no perfect level so i'd suggest a buy zone and not specific levels
Happy trading :)
*Not financial advice*
There is a trading opportunity to buy in Kyber Network...Technical analysis:
. KyberNetwork/BITCOIN is in a range bound and Resumption 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:
. The price is in a range bound, but we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested support zone (0.000187 to 0.000154). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000187)
Ending of entry zone (0.000154)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000235
TP2= @ 0.000274
TP3= @ 0.000313
TP4= @ 0.000369
TP5= @ 0.000440
TP6= Free
There is a trading opportunity to buy in Kyber Network...Technical analysis:
. KyberNetwork/BITCOIN is in a range bound and Resumption 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:
. The price is in a range bound, but we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested support zone (0.000187 to 0.000154). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000187)
Ending of entry zone (0.000154)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000235
TP2= @ 0.000274
TP3= @ 0.000313
TP4= @ 0.000369
TP5= @ 0.000440
TP6= Free
There is possibility for the resumption of uptrend in KNCETHTechnical analysis:
. KYBERNETWORK/ETHEREUM is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00167). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00233)
. Ending of entry zone (0.00167)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00280
TP2= @ 0.00321
TP3= @ 0.00416
TP4= @ 0.00472
TP5= @ 0.00715
TP6= Free
There is possibility for the resumption of uptrend in KNCETHTechnical analysis:
. KYBERNETWORK/ETHEREUM is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00167). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00233)
. Ending of entry zone (0.00167)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00280
TP2= @ 0.00321
TP3= @ 0.00416
TP4= @ 0.00472
TP5= @ 0.00715
TP6= Free
Kyber Network would probably resume its uptrend againTechnical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (1.4325)
. Ending of entry zone (0.7844)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9035
TP2= @ 2.3837
TP3= @ 3.0162
TP4= @ 4.1617
TP5= @ 5.3674
TP6= Free
Kyber Network would probably resume its uptrend againTechnical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (1.4325)
. Ending of entry zone (0.7844)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9035
TP2= @ 2.3837
TP3= @ 3.0162
TP4= @ 4.1617
TP5= @ 5.3674
TP6= Free
KNC Weekly EQ Pattern $KNCCurrently, KNC is testing the .618 of the previous move. Given the current action in the market and the previous EQ bottoms occuring in the Daily OS RSI area for KNC, I'm expecting this to retrace passed the golden pocket and test the .786 area at 16.759k sats. As for a target when the next weekly bottom is in, every bull move prior from the bottoms atleast touched the .236 fib level of the previous move. KNC is currently fundamentally in its Beta version of its decentralized exchange and has significant long term upside if they can solve liquidity issues.
KNC looking like a solid swing!Everything is looking solid here from the historgram, to bullish rsi divergence, to increasing bull volume, to a higher low being set on the daily. As long as ETH can keeep setting higher highs and btc can stay at the very least stagnant. This looks like a solid short term winner! Will be keeping tabs on the 4 hour MA 4. My first target is 25.3k sats
Kyber Network $KNC = Moonshot $BTCKyber Network (KNC) is a decentralized exchange built on a system of reserves. The project, which held its ICO in late 2017, is one of two projects formally advised and backed by Vitalik Buterin (Buterin has announced his support and advisement publicly for Kyber Network and OmiseGo).
Kyber is also deflationary. The reserves must hold and spend KNC to execute these transactions, and a portion of the spent KNC is burned following every trade. As users and reserves increase on the Kyber Network, so will the demand for KNC. However, the supply of KNC will simultaneously decrease. High demand plus low supply equals positive price action.
KYBER NETWORK: NEW DEVELOPMENTS = 27.35% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 7th of May 2018 .
Using this buy in point and selling at today's peak price, you would have expected to net 27.35% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 17: Toshi enabled the ability to trade on Kyber Network using the Toshi app.
April 18: Rollout of Tokenlon n-house decentralised trading platform which uses Kyber Network protocol's to select the best exchange rate across multiple reserves within the network to ensure the best experience for speedy token-to-token conversion with fair market price.
April 19: The Kyber Network launches decentralized exchange public beta.
April 24: Kyber Network integrates with My Ether Wallet.
April 26: Kyber Network trades on Bithumb.
April 26: Kyber Network trades $1 million in last 24 hours on Kyber Network decentralised exchange.
April 30: IOSToken is released on Kyber Network.
April 30: Storm Token is available on Kyber Network.
May 2: MOT is released on the Kyber Network. Trading of MOT can be completed fromKyber and Olympus app in a couple of taps.
May 2: Kyber released "Kyber IEO". This is the first decentralized ICO platform hosted on Kyber, providing instant liquidity and a launchpad for new projects.
May 2: Kyber announces that Digix (DGX) is to be listed on Kyber Network.
May 4: Kyber lists on DigixGlobal (DGX).
May 9: Ginco (a Japanese wallet provider) announces they will be integrating the Kyber Network exchange service within their app.
May 10: Kyber announces they will be releasing Arcblock on the Kyber Network.
May 10: Bitfinex opens trading on KNC trading.
The huge growth of Kyber Network as a result of its partnerships, integration with exchanges and the uptrend in prices from the general crypto markets can explain the increase in price.