KNCUSDT.P trade ideas
KNC USDT LongWe have a beautiful Set up on KNC for a long
It has been lagging behind recent Defi pumps and is due for a catch up.
RSI and Fisher are correct on the 4hour for a move and it has held the green baseline trend well.
I called BAND and LEND pumps last couple of days could this be the next one.
If you appreciate this analysis please like and join me.
KNCUSDT ANALYSISBuy at the $ 1,603 sell at the $ 1,873
It is ok to buy now sell at the resistance line( $1,873) or sell with the EngineeringRobo' s sell signal
Catch the EngineeringRobo' s buy signal watch carefully EngineeringRobo' s sell signal.
Have a good trade. If you want to use EngineeringRobo please dm me.
KNCUSDT AnalysisI have mixed views about Kyber. There was a BB Sell signal on August 7th, 2020, indicating that it is time to sell it. However, today, Engineering Robo 1 is giving a Buy 1 signal. There was also a BB Buy signal on July 28th. The trend has been moving above the uptrend line (support level). I can choose to buy it and sell at the resistance 1.858 resistance level. If the candle goes down and breaks down the support level with an open-close candle below it, then I will sell it.
Kyber network looking BULLISH volume is very highkyber network RSI looking in oversold realm, MACD showing very strong signs of reversal towards the upside. volume is IMMENSE when compared to all the months prior. the green line shows where the trend has played with support flipping as resistance since very early 2020 and has been using it as support since july 10th. looking for a large pump very soon, i find it possible that it blasts right through 2.0 price.
---also it is possible that if it doesnt hold the green line as support it will do what it did before the most recent pump and will play below the green line trading sideways for a couple months before blasting off to much higher highs---