KNC: Inside bar breakBINANCE:KNCUSDTPERP
KNC established $3 as strong support. Good bounce off today.
If inside bar on daily is broken, expect bullish continuation.
SL between 0.5 & 0.618 fib of mother bar.
KNCUSDT.P trade ideas
KNC/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this KNC/USDT LONG setup. KNC looks good here.
KNC is breaking out from the symmetrical triangle and currently retesting it. It's good opportunity to long some here but do not forget to use tight SL.
Entry range:- $3.10-$3.18
Target:- 18-20%
SL:- $3.04
Lev:- 5x-10x
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KNC (Kyber Network Crystal v2) Token Analysis 29/03/2022Fundamental Analysis:
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals --- and earn staking rewards in Ethereum (ETH) that come from trading fees.
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
DeFi has many use cases and possibilities. Therefore, no single liquidity protocol can fit the needs of all liquidity providers, takers, and other market participants. Kyber's liquidity hub architecture allows developers and the Kyber team to rapidly innovate and integrate new protocols into the overall Kyber Network to cater to different liquidity needs.
In April 2021, Kyber launched the Kyber DMM, the world's first dynamic market maker protocol (DMM). Kyber DMM is a next-generation AMM designed to react to market conditions to optimize fees, maximize earnings, and enable extremely high capital efficiency for liquidity providers, especially for stable pairs with low variability in price range (like USDC/USDT, ETH/SETH). They will be able to support pools with extremely high amplification factors, which means given the same liquidity pool and trade size, slippage can be 100x (or more) better than typical AMMs. Depending on their amplification strategy, liquidity providers can maximize the use of their capital and have the opportunity to earn much more fees relative to their contribution size, while takers can enjoy extremely low slippage on their trades.
Kyber DMM is the first of many new liquidity protocols that will be launched on the Kyber 3.0 Liquidity Hub.
In the Kyber ecosystem, KNC token holders play an important role in deciding new growth and value-capture opportunities and incentive mechanisms. Through KyberDAO, KNC holders can participate in the governance of the network by voting on important proposals. Kyber's community is sizable and made up of a wide range of developers, in addition to other members of the blossoming DeFi industry.
Kyber's fully on-chain design enables the protocol to maintain full transparency and verifiability. The platform claims to be the most used liquidity hub in the world.
As an ERC-20 token, Kyber is built on top of and secured by the Ethereum blockchain. In addition, Kyber uses an extensive trust and security model that protects users from misbehaving administrators or exchanges, thanks to security measures built in both at the protocol and smart contract level.
The platform has been audited by several third-party security firms and researchers, including Chain security, which have determined that the protocol is secure and hence free of vulnerabilities.
Kyber Network began its development in 2017 and is built on top of the Ethereum blockchain. The project was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore.
Loi Luu is a blockchain researcher and an advisor for various blockchain projects. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts, and co-founded SmartPool, among other decentralized projects.
Victor Tran is a senior backend engineer and Linux system administrator. He was the CTO at Clixy and 24/7 Digital Group as well as a developer for several projects in Vietnam.
Yaron Velner is the current CEO of B.Protocol, a decentralized backstop liquidity protocol, and was a postdoctoral researcher. Velner stepped down from his CTO position at Kyber in October 2019 but remains as an advisor.
The Kyber team is also composed of several executive advisors, engineers and designers. According to the official Kyber Network LinkedIn page, the company has over 50 employees --- most of which are based in Vietnam or Singapore.
As of May 2021, Kyber Network has a total supply of 210 million KNC tokens. Out of this, just over 200 million tokens are in circulation. The KNC token is dynamic, with the KyberDAO having the ability to vote to increase or decrease the supply in order to drive innovation, bootstrap liquidity, and reward early adopters of new protocols such as the Kyber DMM.
Kyber concluded its initial coin offering (ICO) on September 15, 2017, raising $52 million by selling each KNC token at a price of 0.00166 ETH. According to the official token distribution paper, 61.06% of tokens were sold in the ICO, 19.47% were saved for the founders, advisors and seed investors, and the remaining 19.47% was reserved for the company.
The current CoinMarketCap ranking is #122, with a live market cap of $631,085,676 USD. It has a circulating supply of 177,809,350 KNC coins and the max. supply is not available.
Te4chnical Analysis:
As you can see the Price has Fallen to the 78.6% of Fibonacci Retracement Levels and it has done with t the Reaccumulating Phase, where it Pushed the price to higher levels above the 23.6% Fibonacci retracement Level, currently the Price indicates a very good sign of New Bullish Cycle.
There exist a Bullish Divergence between Price and MACD visible in 3D chart, where it can be interpreted as the Bearish Trend Reversal and Start of the new Bullish Cycle.
We have defined 3 Targets Using Fibonacci Trend Base Extension Levels, and its Confluences with Fibonacci Expansion levels, which are the very significant Pivot Points on the Rally way.
where as the 3 TP gets its Confirmation after the 2 TP gets Triggered Followed by some Correction in Price.
Kyber Network seems to be Bullish 07/02/2021as it has already passed the accumulation zone, even once had touched its ATH,
currently in the supply zone so we can be very bullish about KNC
the TP has been defined by Fibonacci projection of its impulsive bullish cycle
and it seems to be at a good place to buy it,
what do you think?
KNC (Kyber Network Crystal) Token Analysis 17/03/2021earlier we had analyzed it and now we are Updating The New Targets:
Fundamentals:
Kyber Network is an on-chain liquidity protocol that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DApps, decentralized exchanges (DEXs) and other users easy access to a liquidity pool that provides the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform — and earn staking rewards in Ethereum (ETH). They also determine the rewards that liquidity providers (LPs) receive on the platform.
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
Kyber Network utilizes a variety of reserve types that contain a pool of funds used to provide liquidity — these are essentially smart contracts that control how assets are priced (e.g. using a price feed or algorithmically). Kyber can be integrated with other decentralized exchanges and shared liquidity pools. Reserves pay fees in KNC which are either burned or used for rewards.
In July 2020, Kyber launched its decentralized autonomous organization (DAO) program, which enables KNC holders to participate in the governance of the network by voting on important proposals. Kyber’s community is sizable and made up of a wide range of developers, in addition to other members of the blossoming DeFi industry.
Kyber’s fully on-chain design enables the protocol to maintain full transparency and verifiability. The platform claims to be the most used DeFi protocol in the world.
Kyber Network began its development in 2017 and is built on top of the Ethereum blockchain. The project was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore.
Luu is a blockchain researcher and an advisor for various blockchain projects. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts, and co-founded SmartPool, among other decentralized projects.
Victor Tran is a senior backend engineer and Linux system administrator. He was the CTO at Clixy and 24/7 Digital Group as well as a developer for several projects in Vietnam.
Yaron Velner is the current CEO of B.Protocol, a decentralized backstop liquidity protocol, and was a postdoctoral researcher. Velner stepped down from his CTO position at Kyber in October 2019.
The Kyber team is also composed of several executive advisors, engineers and designers. According to the official Kyber Network LinkedIn page, the company has over 50 employees — most of which are based in Vietnam or Singapore.
Technical Analysis:
very visible Hidden Bullish Divergence with MACD and MACD Histogram which is the sign of trend Continuation and Rally, after the Accumulation Phase.
there are total of 3 Targets Specified by Fibonacci Projection where as the 3 TP gets its confirmation after the 2 TP gets triggered and price made some Distribution and Correction along.
rr=2.77anti-cypher patern + divergence RSI + breack out and pull back rising wedge + engolfing
tp : last pic
KNC short term bullish actionKNC is on an uptrend. Price is expected to continue with bullish action after s short pull back to the 50% fib retrace.
$KNC Greens ?$KNC :
Looks greener over the weeks.
IMO
1. A new ATH is imminent if it continues to hold up the volume at HTF
2. It might get rejected along the red box to dip further down to Yellow box which is the most bullish support
Any thoughts guys ?
Happy trading !!
KNCUSDT: Potential trend exhaustion KNC had a pretty impressive rally in the recent times, however, looks like a potential trend reversal for KNC with a rejection at 3.3-3.4$ range. A breakout to the upside would invalidate this IDEA.
Kyber Network (KNC) formed bullish Gartley for upto 11% 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:
This time on a 4-hr time frame, KNC has formed another 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
KNCUSDTWe seem to have reached the end of the fifth wave ... and start a small comeback
Be sure to have capital management
Swing/Scalp Dual Chart SetupNeural Network x Heikin-Ashi with RSI + SQZMOM paired with 50/200EMA + RVGI + MACD, Great for short/long trades on most time frames
KNCUSDT-SHORTBased on technical factors there is a short position in :
📊 KNCUSDT Kyber Network Crystal v2
🔴 Short Now 3.134
🧯 Stop loss 3.500
🏹 Target 1 2.930
🏹 Target 2 2.400
🏹 Target 3 2.000
🏹 Target 4 1.190
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
KNCUSDT - SETUPKNCUSDT price has shown weakness three times at resistance zone and bulls showed exhaustion. Now if bears broke that upward trendline then we can see a sell-off towards the near-term support zone. But if bulls managed to break above this level they can easily chase good levels.
It has to be down.My ideas on the charts.
The price is not take any liquidity at double tap, if the price want to rise it has to be down.
KNC (KNCUSDT) Daily to Higher tf Range updated till 18-3-22
knc/usdt Daily to higher timeframe range, the Alt got lot of space in between. there are some solid swing positions here and there. but intraday setups do offer risks. we can see some healthy clean break candle if even those are from p and d groups, price still picked up later. if the alt can stay and can bought from the higher tf retrace points it got space to push to higher zones if not than well going back down.
Bearish Head And Shoulds KNC Usdt Taking into account the current bearish nature of the market, we have a very nice opportunity risk reward ratio for a head and shoulder pattern.
I believe this asset is a strong candidate for this type of trading.
Key points:
Type of Trade : Short
Stop loss - 3 - 11% movement
Take profit - 2.4 - 11% movement
Take profit 2 - 2 - 25% Movement
Capital used - 1% of the account for stop loss making a 1-2,5 profit factor trade in case of winning
KNC long$KNC is bouncing off the support level and the lower boundary of an ascending channel. Bullish movement to upper boundary is likely to happen next.
LONG ON KNCUSDT HAPPENINGG RIGHT NOWHello trading view community, should you like this analysis, please support with like and comments. Thanks it seems that KNCis something in this between, as one may observe it has switch its channel to upper level which could be a good sign as KNC reacted to $2.9 support level and surge up, if KNC couldThe volume on the daily candle is increasing
