KNCUSD trade ideas
Kyber Network: Wow! More Gains?Kyber Network (KNC/USD) is looking to be trending in a current bull flag continuation pattern. If BTC behaves, we just might get lucky! And even if it doesn't behave, KNC is very resilient and will bounce back fast. You just can't keep a good coin down! Here's a nice set-up for those interested in taking a position. I trade all these swings right alongside you; these are my actual positions. My entry point is always the current price before you update the load bars. I am not a financial advisor. Join me at your own risk.
If you have strong hands, patience, and like big wins and big money, follow me. I track all the USD & USDC-paired cryptocurrencies on Coinbase Pro (along with many other coins & tokens) and regularly seek out the most potentially lucrative trades available. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based upon Wyckoff phase analysis, Elliott wave & Fibonacci extensions. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags. The more intrepid traders can let the winners run a bit longer. Good luck and safe trading to all!
My wins so far for March 2021:
1. Filecoin: 31.92% in 14 days
2. Kyber Network: 12.09% in 7 days
3. Loom Network: 66% in 10 days
4. Ravencoin: 78.55% in 11 days
5. NMR: 19% in 2 days
6. Elastos: 178% in 15 days
Breakout Plays with high volume hit target (prior high) I programmed a strategy that sents an alert when price moves above prior days high (high had to be lower than prior days high), then usually on a pullback an entry can be made.
Target for such plays is prior days high.
I will try to post these kind of high reward/risk plays in the futures.
Its still in development and only works in current strong uptrending markets...
Please let me know if you see it completly different (then entering on a new lower low on the daily chart is also a valid entry :-)
Kyber Network: Making A Run For ItKyber Network (KNC/USD) has broken out of a triangle pattern in the wake of BTC's present correction and is currently rallying. Could it keep going all the way to the Ultra Sell Zone and beyond? Most likely, as my experience with KNC is that it is a VERY bullish crypto that loves to run. So we'll just have to see. I would set my target near the UBZ (Ultra Buy Zone) and SZ (Sell Zone) border as a limit buy and wait for a wick flash. You chose your own entrance and exit; everyone's trading style is a bit different.
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My sell zones are conservative, but that's because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
Really strange whale activity???The pump was started on the Binance exchange and not Coinbase. I would ignore the buy volume in this chart. The big red candle volume is equal to the volume that started the pump on binance.
Is this 2 separate whales fighting with each other?
I'm really confused. I was really disappointed to see it drop.
Long @ 1.87. 2/3rds of my portfolio is KNC.