KNC Short Trade. Here is My Study On KNC.Based on Waves Theory.(D)
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KNCUSDT trade ideas
KNCusdtKNCusdt long position entry.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions
KNC massive drop may occurMany people won't like this but we believe that KNC has been in a bearish distribution before the final capitulation .
Very similar to what LINK has been facing:
The capitulation may be just around the corner.
The sentiment seems to be more and more bearish and FUDs around BNB are not helping in the recovery process.
Buy area is shown on the chart
Nothing bullish now so not going to sugar coat here.
Good luck
KNC/USDT LongDirection: Long
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Position Size: 2 - 4%
Leverage : 3-5x
Trade Type: Standard
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Local support, expecting a decent reaction
ENTRY : 0.482 - 0.539
(OTE: 0.505)
🔘Target 1 - 0.55
🔘Target 2 - 0.56
🔘Target 3 - 0.575
🔘Target 4 - 0.59
🔘Target 5 - 0.62
🔘Target 6 - 0.69
🔘Target 7 - 0.80
🔘Target 8 - 0.92
🔘Target 9 - 0.99
🚫STOP LOSS: 0.447
RISK: Medium
KNCusdta potential scenario for the KNCusdt is the anticipation of a bounce within the green area. This bounce is likely to be short-lived, resulting in a minor price increase or pump. However, this upward movement is expected to be temporary, as the price is then projected to resume its downward trajectory.
We Try Again KNCKNC bounced Back from importent support. We can try here a Entry
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
KNCUSDT → A break of resistance forms an impulseBINANCE:KNCUSDT breaks the resistance of the figure and forms the primary impulse. The resistance 0.726 is retested. The price moves to the realization phase. What to expect next?
KNCUSDT is forming a bullish setup. The prolonged downtrend may break and change to a bullish trend.
The price is retesting 0.726 in the phase of realizing the accumulated potential.
If 0.726 is broken through, the growth to the key resistance 0.933 can be formed, which will separate us from the active growth to 2.200, as the area of 0.933-2.200 is empty and there will be no obstacles for the price.
Recently, altcoins are increasing volumes and are active, which may show good potential in the near future.
Support levels: 0.575, 0.495
Resistance levels: 0.726, 0.933
I expect a bounce from 0.726 and a possible retest of the previously broken figure boundary, but in the medium term I stick to the fact that the price can show excellent growth by tens of percent.
Regards R. Linda!
Knc Update Kncusdt
There was a succesful breakout recently and a good pump but next I am expecting price to drop atleast 15-30% in coming days
Price need to rerest again this channel breakout , Let's see
Note : This is just an idea, do your own research before taking any decision ang yes if you are satisfied with our then kindly make sure to support us
🚨 Trade Update: KNC/USDT (3-5x)🚨 Trade Update: KNC/USDT (3-5x)
📉 Short Entry: 0.83 - 0.737
OTE (Optimal Trade Entry): 0.79
SL: 0.863
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.73 - 0.71 - 0.68 - 0.65 - 0.63
Mid Term: 0.60 - 0.57 - 0.55 - 0.50 - 0.47
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
KNC Buy Trade Here Is A trade On My study
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
#KNC/USDT - Long - Potential 18.57%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_KNC
Exchange: BINANCE
Timeframe: 360
TP1: 0.853
Entry: 0.716
STOP: 0.579
Entry Conditions:
| Long term consolidation break w/volume
| 200MA break
| Wildly overbought so retrace possible but definitely more upside so DCA if concerned.
KNCUSDT → Strong consolidation after a resistance break KNCUSDT forms a breakout of range resistance. But this maneuver came at the time of correction of bitcoin and the whole market, so these nuances restrain further growth of KNC.
The coin after the resistance breakout forms consolidation in a narrow range, forming a strong support area below 0.600 and a strong resistance at 0.750.
The moving averages are also indicating lower volatility and a period of consolidation.
Price is forming multiple retests of the strong resistance area, I think that with positive leverage from bitcoin and more positive market sentiment, price will still break that area.
Strong support: 0.650, 0.600
Strong resistance: 0.750 (breakout strategy) 0.850
I expect that the price will continue to test the resistance at 0.750 and after the next attempt it will still be able to break it and will start to realize the accumulated potential.
Regards to R. Linda!