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Kyber Network / TetherUS

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KNCUSDT trade ideas

#KNC/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this KNC/USDT 1hr chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ENTRY:-$1.55,$1.65 TARGET:-60% TO 70% STOP LOSS:-$1.45 LEVERAGE :-10X TO 20X As we can see from the above-mentioned chart that KNC/USDT was trading inside the symmetrical triangle pattern and broke upside. Now, KNC is trading in a support zone and retesting the upper trend line. Here I am expecting a bounce from the current price level which is $1.6 towards the price level of $2.7 which is almost 70% from the current price level. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
Long
by CryptoSanders9563
1
KNCUSDT DEEP CRABThe Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies between 0.382 and 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 1.618 extension of the primary XA leg, 2) AB=CD pattern, either equivalent, 1.27 or 1.618 and 3) Extreme BC projection of 2.24, 2.618, 3.14 or 3.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 2.0 extension of XA. Conservative traders may look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures on a chart.
Short
by UnknownUnicorn38199698
KNCUSDT | Two Potential Scenarios For KNCWhat Is Kyber Network (KNC)? 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. Technical Analysis: As we can see from the chart the price is moving within this "Ascending Channel" The trend is very strong and we can see the price to increase more up to 5.5750 and 6.1954 Let's say that you think that the price now is overvalued. Just wait and see if the price will try to breakdown of the channel. With that the chances for a bearish movement will increase as well. Bearish Targets at 4.0106 and 3.2351 Thank you and Good Luck!
Long
by KlejdiCuni
8