KNCUSDT.P trade ideas
KNC LongIm not 100% on my stop loss position on this one. Open to criticism. I'd like to be at the stage of the price action sitting above the cloud, but it isn't quite there yet, tbh, this might be the first up more of an a nice rally.
It seems to be shaping up well here. KNC/BTC looking the same setup.
KNC BullishBullish on KNC.
after a massive selloff at approx. $5.75, KNC begin to reverse the trend here.
Trade safely.
💡Don't miss the great buy opportunity in KNCUSD @KyberNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.853).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 2.027
TP2= @ 2.178
TP3= @ 2.317
TP4= @ 2.487
TP5= @ 2.675
SL= Break below S2
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💡Don't miss the great buy opportunity in KNCUSD @KyberNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.853).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2.027
TP2= @ 2.178
TP3= @ 2.317
TP4= @ 2.487
TP5= @ 2.675
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
KNC - 31.05.2022 Tuesday - possible range distribution -Long-term Perspective:
price is moving is rebalancing between two daily FVGs creating a range which why i have too look on lower time frame for a clean draw on liquidity bias.
Intermediate-term Perspective:
BSL is taken into a daily FVG + msb + leaving inefficient price action to the downside.
I look for a lower high to play a possible downside trade.
#KNC/USDT 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this KNC/USDT 1Hour chart analysis.
#KNC/USDT LONG TRADE SETUP
ENTRY:-$1.840,$1.900
TARGET:-35%
STOPLOSS:-$1.760
LEVERAGE:-10X TO. 20X
As we can see from the above-mentioned chart that KNC/USDT is currently trading inside the falling expanding channel pattern which is a bullish pattern.
Here KNC needs to break above the upper trend line resistance to get Ito the bullish mode.
We can see KNC pumping upward towards the price level of $2,50 in the upcoming days.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
KNC Failed on Key Level and Requires a confirmation hereKNC Failed on the key level and now requires a confirmation for a possible breakout on the trend line or a reversal for another wave downside. If the price respects the following trend line then we will see a further decline towards the target pointed on the chart.
KNC LONG IDEAAfter a successful short I want to go long here up to the -AOI. To counteract another drop, the entries are placed lower than usual. If the orders are not filled, then it doesn't matter. Am in 3 long positions overall when it comes to Crypto. If the price reaches the upper -AOI before my order is picked up, then the trades will be cancelled.
Descending Triangle with Minor Support and Long Term DowntrendJust an idea labelling my view and what I see, I tried to keep it unbiased as possible. I identified some local, minor, major, long term trend lines & support & resistance zones.
From those lines drawn up I noticed a descending triangle forming with the LTDT and the Major Support, also, the RSI has equalized from the most recent pullback, and has room for further downwards pressure. The price also broke down from the 50 EMA and was rejected after a retest, I believe this is a bearish signal. BINANCE:KNCUSDT
KNC price predictionIt's quite delicate to trade these days when BTC has been ranging between $28600 - $30800.
However, there are some coins with good volatility and with clearer trend: KNC is among these coins.
In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence.
This week, it would reach $2.77. At this resistance level, it's very likely that KNC would be rejected and be thrown back to $2.4 or even lower, to the lower trendline, eventually.
TS ❕ KNCUSD: ascending channelKNC broke through the ascending channel and reached the support level. The price has already bounced up from the level and now it is possible to return back to the channel.
BUY scenario: long to 2.7.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
If KNCUSDT continues to have a upward momentum, this can happen.This technical analysis by no means, is a financial advice and this only works for me and I would like to share it with you, Please do you own research.
After it made a double bottom, and if it continues the upward momentum, it can have a fake breakout for the channel and bounce back till the TP point ( static Support). It cannot simply cross and break the channel and it needs a correction.
Also there is RSI divergence.