KNC - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for KNC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Kybernetwork
This is the coin you must not ignore! To the moon we go..It's a must we put an eye to KNC as the most hottest coin in our radar. The price has shown us a strong bounce from the cycle's low at the area around $1.127 which is the psychological level on current structure.
We decide to put some of the eggs into this basket as we see the previous fractals occurred almost similar action right around this region which when the price reached this region, there were huge bounce occurred with significant percentage gain.
1. First bounce occurred on January 28th, 2021 which the price spiked to the area of $4.323 which produce 248% gain.
2. Second bounce occurred on June 21st, 2021 which the price spiked to the area of $2.376 which produce 113% gain.
3. Third bounce occurred on January 7th, 2022 which the price spiked to the area of $5.737 as the ATH which produce 370% gain.
4. Fourth bounce occurred on May 12, 2021 which the price spiked to the area of $2.8 which produce 141% gain.
Based on all the fractals occurred in the past, we decide to start accumulating now and expect the price to spike at least 100% bounce from the lowest price level which we also use the Fibonacci retracement tools as the guidance to take profit. Whenever we see the price corrects lower, we will add more of KNC as the averaging strategy. But we will also sell it in stop once current psychological level has been broken down.
KNC - Coin will be in game?Reasons to take long:
⭐️ BTC is exhausted and unlikely to fall more
⭐️ Coin is stronger than a market
⭐️ Level is 4d old
⭐️ Buying volume appeared
⭐️ 4th touch
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
KNC - Medium-term trade - our target $1,9828Hello colleagues!
Bitcoin has reached an interesting liquid zone , where a new wave of growth can begin.
After reviewing the graphs of various altcoins, we singled out KNC cryptocurrency for ourselves.
We bring to your attention a medium-term trade.
Entry : $1.451
Stop : $1,3267
TP : $1,9828
$KNC 4H CHART Head & Shoulders patternBINANCEUS:KNCUSD Price seems to have formed a Head and Shoulder pattern on the 4H chart. The price target of the H&S pattern is shown on the red rectangle. A close above $1.50 will invalidate the pattern.
Kyber Network (KNC) formed bullish Gartley for upto 132% moveHi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we had a nice trade of KNC:
Now on a daily time frame, KNC has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KNC - Bounce from the trendline, easy moneyReasons to take short
⭐️ Buyer on BTC
⭐️ Trendline is clean
⭐️ Volume increased
⭐️ Impulse down
⭐️ 3rd touch
⭐️ 100 ATR
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
KNC on C&HHey Traders,
As we all are struggling in the bear markets. $KNC showed a short period bullish Cup & Handle structure. Just use some funds as you manage the risks and buy a bit. Hoping A 25% growth till around 2$. If USDT.Dominance become bearish this will work.
Buy Around 1.4$ - 1.5$ - Target 2$
First of all DYOR. Use stoplossess.
Cheers !!
Update: #KyberNetwork #KNC - introducing $1.88Hey Crypto Nation.
Kyper Network KNC is no at the price level $1.88 which importance I explained 9 days ago.
Will we see a bounce at this support?
Idea from May 20th...
Kyber Network KNC - introducing $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If price comes back now it might be strong support again.
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Kyber Network KNC - introducing $1.88Kyber Network KNC - introducing $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If price comes back now it might be strong support again.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
KNC is on the brink of a dumpSo I've been observing KNC for weeks now, it has had a great run. Since the beginning of the year it pullled out a +350% and rose steadily but now it's about to breakdown a rising wedge and not a normal one, it's a very steep wedge as you can see on the daily chart .
The bearish DIV are visible on every oscillators I've checked, here you can see just OBV, RSI and MACD but it was present even on MFI, the signal is clearly bearish. The most significative is OBV, such strong DIV isn't to be ignored.
I do not indicate a precise entry price for the short because I when I short I usually use low timeframes (15min and even 5min) but you can use EMA 200 and my wedge's bottom line as indicators of the broken trend.
My target is that by "book" so use my supports to create your strategy, on the long run I think this might go down much more than 22% but when you short you should try to enter at the right moment and make the maximum in the less time. Use stop loss because market is bearish now but because of all the dupming sometime you see sudden pumps.
Unfortunately I'm currently using kucoin where I can't short this but I wish you good luck.
KYBER NETWORK TO FALL ABOUT 10% IN IMMEDIATE SHORT TERMKyber Network is currently tapped out on is wave trend and needs to have a slight correction in the immediate here and now before looking for a possible bounce using its ascending trend line which meets with the ascending trend channels resistance line, which creates a rising wedge that the price action will most likely look for one more bounce to see about breaking above this trend channel its in.
Short Trade:
Limit Order: @ $5.19(SHORT)
Target Profit: @ $4.70 (-8.74%)
Stop Loss Trigger: $5.40 (-4.85%)
Stop Loss Order: $5:41 (-5.00%)
Looking for the bounce at the $4.70 level to where we can see a fulfillment of the rising wedge, and then a bigger break down to retest double bottom at $3.65 or we could stop with support along the bottom of the ascending trend channel. We will have to wait and see on that.
TWH - Which coins have pumped and which have dumped?Traders,
Overall our list is doing excellent! Many coins have pumped and many coins have yet to pump. Only a few have dumped and even the dump is really not that significant other than to take the coins out of prime setup.
These coins have pumped and no longer have high potential. I've had to remove them from my list. Congrats to those of you who were in these trades!
OGN
ZRX
KNC
These coins have pumped and I have left them on the list because they still have more to go. Congrats to those in these trades:
WLUNA
SKL
BAL
SNX
EOS
AAVE
APE
These coins have yet to pump but are positioned to do so soon:
CULT
CHZ
LCX
COMP
FOX
And these are the dumpers:
BCH
SHIB
DOGE
ETC*
ETH**
Quick note: Dump is probably too hard of a word. These coins have simply fallen out of prime setup territory.
* I didn’t take ETC out of the list in the video but I should have. That’s why it’s here.
**I overlooked ETH in the video too. It has fallen below the 50 day ma.