#KNC/USDT - Long After pullbackI hope that you are enjoying my efforts. Don't forget to click on like.
KNCUSDT.P trade ideas
KNCUSDTKNC had a good run, just look at how it kept on pumping in the past 48 hours.
But it got rejected at the resistance area which is shown on the chart.
There are 3 supports on the way down, but I don't think it can be that strong since Bitcoin reached 60K as I'm publishing this idea.
All eyes are on BTC and ETH right now so altcoins like this are gonna hold back until the market starts consolidating for a while.
However, if you're into opening a long position on this coin, wait until the resistance is broken and a 4H candle is closed above it.
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Comment if you need a chart 💬
KNC - STRONG BUY (Risk - Medium)(113%) Kyber Nerwork (KNC) - now is on sky rocketing. It is good time to BUY at price - $3, Stop Loss - $1.85, Take Profit - $6.4. Good Luck.
KNCUSDT Inverse Head and Shoulders PatternKNCUSDT (4H CHART) Technical Analysis Update
Inverse Head and Shoulders Pattern
KNC/USDT currently trading at $0.2.68
Long Entry-level: 2.50$ to 2.60$ (Wait for the small retracement)
Stop loss: below $ 2.20
Target 1: $3.00
Target 2: $3.50
Target 3: $4.00
Target 4: $5.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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Whale pulling a bait and switch!!1. Drop price with low volume
2. Wait for big sell order
3. Drive price back up
KNCUSDT Inverse H&S Detect Expected Big pumpDetect Inverse H.S Pattern
Buy range between 2.4 to 2.5
Sell target Minimum 40%
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KNC / USDTKNC / USDT up!
KNCUSDT : Broke out of the triangle.
Possibly heading towards $2.5
Entry : $2.08 TO $2.25
Target :
$2.32
$2.43
$2.47
SL : $1.98
Kyber Network *** Kyber Network is a very old project based on ETH network and with the recent growing interest in DeFi, they also transformed as a DeFi project.
This is one of the very first project from 2017/18 along side with projects like Komodo Plattform where you could swap your tokens.
Which we are doing now a days with UniSwap and other dozens of swap project.
Comparing to those projects Kyber Network is very low in price at the monet and could show good growth in coming years with the rising interest in Bitcoin and other digital assets.
*** This is just for educational purpose. Not an investment advice. I am just sharing my own analysis.
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KNCUSDT Strong Bullish MomentumLong time resistance is being challenged again and this bull momentum is still being kept since 24 Dec 2020 with an 256% increase from the start of the bull momentum.
At this point it could be either denied by the resistance and bounce from the lean support or rocket through the resistance
KNC/USD - Aiming for $2 then $2.5 🚀🚀🚀KNC is looking quite bullish. We found good support on $1.5 level and now we are clear for higher levels. Price also moved above the resistance at $1.8.
MACD is looking bullish, RSI is going up and volume is increasing. All bullish signs.
Immediate targets are $2 and $2.5. KNC can offer a nice swing long opportunity here.
Market is also quite bullish with this recent move of BTC towards $52k. Bias remains bullish on KNC and a good coin to have.
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