#KNCUSDT is ready for a 60% Ride! 600% WITH 10X!KNCUSDT Looks good here, I opened a long with 10x leverage.
Channel seems to break out soon.
Either you can trade on the breakout of the flag or channel or you can just buy now. There's a very small risk at the current level.
Entry : $2.56 to $2.80
Target :
$2.95
$3.45
$3.87
Stop Loss: $2.37
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
#PEACE
KNCUSDT 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.
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
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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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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