KNCUSDT.P trade ideas
💡Don't miss the great buy opportunity in KNCUSD @KyberNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.887).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 5.280
TP2= @ 5.524
TP3= @ 5.755
TP4= @ 6.004
TP5= @ 6.208
SL= Break below S2
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💡Don't miss the great buy opportunity in KNCUSD @KyberNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.887).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 5.280
TP2= @ 5.524
TP3= @ 5.755
TP4= @ 6.004
TP5= @ 6.208
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 ❤️
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.
KNC trading plan 5min and 15min MACD both showed signals to short,resistance ahead,do a short term trade (shorting at 0.085)
KNC - DON*T BELIEVE IN A NEW ATH NOWHey Guys, I already longed and shorted KNC. It is a good project, but I think it is more likely we see a drop in the channel to the support.. if we breakt it, we will see definitely a bigger correction. Please be careful.
AND AS ALWAYS GUYS
NO FINANCIAL ADVICE | DYOR | HAPPY TRADING