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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KNCUSDT.P trade ideas
KNCThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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KNCUSDT (KYBER NETWORK) - UPTREND CONTINUATION ANALYSIS 🔎
- KNCUSDT brokeout above the double bottom neckline resistance.
- Price hit an ATH and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KNCUSDT daily chart review
::: chart looks good /strong
::: speculative bullish setup
::: get ready to BUY LOW from my level
::: BULLS seek to BUY/HOLD from 1.075
::: strong horizontal mirror S/R level
::: expecting short-term losses
::: BULLS wait for re-test of 1.075
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +165% gains later
::: exit near point D +165% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 2.95//3.05
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +165% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
KNCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a triangle. Right now it is at the bottom. If it is able to go all the way up and break the upper side of the triangle, it will continue moving in the direction of the orange arrow.
If it goes to the bottom and break the bottom side, it will continue going in the direction of the green arrow.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
$KNC - Kyber Network 3.0 comingFundamentally we have the 3rd release of Kybers network/protocol on the way - and the current DeFi app is very good as it is...
it is a fully on-chain liquidity protocol for seamless token swaps
Very bullish tweet from @KyberNetwork - Read this #DeFi research report by the Federal Reserve Bank of St. Louis @stlouisfed which includes an explanantion on smart contract-based reserve aggregation and how Kyber serves as a backbone protocol for a large variety of DeFi applications! (09/02/2021)
Technically speaking we have a bull flag break and in this environment this defo gives me the target of the 2.0 fib retracement of 2.76
As long as BTC doesn't retrace too firmly then this should be in the money
KNCUSDT
KNCUSDT (4H CHART) Technical Analysis Update
KNC/USDT currently trading at $1.92
Buy-level: Above $2.00 (only enter if 1h candle closes above 2.0$)
Stop loss: $1.76
Target 1: $2.325
Target 2: $3.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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