KNCUSD trade ideas
KNC breached bullish flag and is pushing up against $2KNC looks primed for a breakout imo. The previous period of consolidation was followed by a swing to the upside which was turned down by the $2 sell wall. We had a few days battling with $2 sell wall but sellers weren't able to bat KNC far away - currently ranging in consolidation box two. The more a resistance gets tested the weaker it gets. It's only a matter of time before KNC swings to the upside imo. The question is when?
There also looks like there is confluence on the move, as RSI supports ascending trendline having broken the previous descending one and is now making higher lows. Things looking pretty bullish from here.
I don't think here is a good price to long, either accumulate on the dips or wait for a meaningful $2 SR flip.
KNC patterns - potential cup and handle formation. A lot of times, Crypto charts mimic themselves, especially the Alts. While LINK usually leads the pack being the strongest, there are some times when other alts follow in the direction of it, due to its strength.
Let's keep an eye out on KNC and we can maximize profit when the price drops back down if it hits the high first.
Mother of all bull flags on KNCUSD? Daily TF but visible lowerInterested to hear other's thoughts. I'd actually done this at the start of the move through the upper trendline (where blue line starts) but didn't think to publish. We can see KNCUSD grappling with the upper trendline of the bullish flag after a long period of selling, bias is now bullish imo but I would be hesitant to enter here as there is still a big resistance not too far away. Personally hoping for another lower test marked by golden arrow.
I think it might break out, forced down by resistance and bounce off previous flag trendlines...
I just like making you guys money I guessThis is a look at KNC on the all time chart using a fib speed fan from its previous all time high while viewed on a LOGARITHMIC chart
Notice how on this run every leg has reached the next level of the fib fan which has acted as resistance until it finally breaks. You can see the next level we are moving to after this and you can also clearly see what is potentially the setup for the largest cup and handle setup in these crypto lands.
Enjoy
Breakout on KNC We have an upward broadening wedge completing its final leg on KNC.
RSI has broken out of its bullish wedge and retested the upper wedge and bounced up confirming a new run.
MACD has just begun its new ascent.
Target is almost 100% gain for this run looking at $2.95-$3.15 range in short time. Will be heavy and fast gains once it passes the falling support line which currently stands at $1.80
CORTO - KNC - Oportunidad de CompraEl FTX:KNCPERP ha empezado a perder potencia lentamente, la nube a 12h junto con el MA50 han probado ser una resistencia importante, lo cual ha llevado a que caiga por debajo del Kijun, estaremos esperando un retest del soporte en 1.4282.
Entrada: 1.5384
Objetivo 1: 1.4282
Objetivo 2: 1.3758
SL: 1.5725
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KNC 1W 100% ConfirmedKNC has been going breaking out of the bearish trend for the past 5 days, even with the BTC crash that happened yesterday. Be ready for this massive 100% gain over the next few days. it's officially happening. Other coins have also bounced like crazy recently now its time for KNC to blow them out of the water. Dont get left out buy in now, sell point is all the way at 2.8
For KNC there's nowhere to go but up!
Kyber Network (KNC) - August 5Hello?
Dear Traders, Nice to meet you.
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If it falls on the uptrend line, it is a short-term Stop Loss.
If it falls, you should see if you can get support at the 1.26937200 point.
We need to see if we can rise above the 1.50627615 point.
You must be absolutely supported in the critical section, 0.85006658-1.05435354.
To do this, we need to be supported by the uptrend line (2).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Kyber Network Might be the Hidden Gem of This Week KNCUSDBINANCE:KNCUSD has been lagging behind in the recent Alt Coin Rally. However, soon it will be discovered by some smart traders. Technicals are looking good. It started closing above Ichimoku Cloud on 1hr time frame. This week we might see a bull run of %10-%15 to around 1.6 USD. #KNC #Kybernetwork