KNCUSDT pullback on 0.618 Fibonacci level?KNCUSDT had a rejection from the daily resistance at 0.84$ area where the market has a clear supply. This rejection indicates that there was not enough buying pressure to sustain the price above the 0.84$ level, leading to a potential price reversal.
According to technical analysis, the market has lost dynamic support on the 4-hour timeframe, which suggests that selling pressure is increasing. As a result, we could see a new pullback around the 0.618 Fibonacci level, which is a common retracement level for price corrections.
As per Plancton's Rules, new short positions may be considered once the price breaks below the 0.618 Fibonacci level.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
KNCUSDT trade ideas
Will $KNC Continue to Rise & is KNC Ready For a $0.9 Ride Yet?TSXV:KNC has recently broken out of a long-term sideways range between $0.64 and $0.854. However, it is currently experiencing a pullback to retest the breakout zone. To continue the upward move, KNC buyers will need to maintain a price level above $0.73. This pullback provides an excellent opportunity to join the current bullish trend on KNC and aim for a range Target of $0.9. As with any trade, it is advisable to identify a good entry point and set a stop loss to manage risk. It is also important to be aware of the possibility of bears stepping in if the bulls fail to hold above the breakout resistance at $0.8
👉 ASSET: TSXV:KNC (KNC/USDT)
👉 ACTION: BUY
👉 1st ENTRY PRICE: $0.7458
👉 STOP LOSS: $0.6953
👉 1st TAKE PROFIT: $0.9707
2nd TAKE PROFIT: $0.9
💰 RISK MANAGEMENT: I strongly recommend the use of stop loss, you can use the $0.695 to limit potential losses in case the trade goes against us as ranges are unpredictable. We also suggest taking profits as the price approaches $$0.9 to lock in gains. before hitting TA at $0.97 range in case the bulls get weak in reaction to the box resistance
🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.
✴️ Kyber Network Set Up For Strong Breakout (100%+ Potential)Here we have a very interesting chart as we can spot some classic signals that can lead to a strong rise in prices.
After the correction low 11-March, KNCUSDT is showing a clearly bullish bias.
This pair has been producing higher lows, slow and steady growth moving above multiple resistance levels in the form of moving averages.
We have multiple green candles above EMA100, EMA50, EMA10 and MA200.
Normally what follows is a price increase as we saw in mid-January this year.
Of course, things can change and there can be a breakdown as shown by the red arrow yet the bullish bias would remain valid and strong with a higher high expected in the days, weeks and months to come.
Easy 100% potential on this pair in the weeks to come.
Namaste.
KNCUSDT is testing the key levelKNCUSDT broke below its ascending channel , indicating a potential shift in the market trend. This move also tested the support level , which has held up so far, but the market is waiting for a breakout to confirm the direction of the trend.
Applying Plancton's Rules, a set of trading guidelines, may be helpful in evaluating the potential for a new short position. These rules include considering the context of the market, looking for confirmation of a trend change, and setting stop loss orders to manage risk.
Given the recent price action, a short position on KNCUSDT may be considered if the support level is broken, and the market confirms a downtrend. –––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Kyber Network (KNC) formed bullish Gartley for upto 15% moveHi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we caught more than 73% pump of KNC as below:
Now on a 4-hr time frame, KNC has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Short time in KNCHello Traders!
Welcome back to another trade with analyst Aadil1000x.
KNC Short limit 0.8829
Stoploss 0.8991(-1.83%)
Target 1, 0.8580(+2.81%)
Final Target 0.8274(+6.29%)
Today we are setting the shot limit in KNC for a minimum of 2.8% move. We are setting short at the key reversal area.
Don't forget to hit the like button and follow to stay connected.
KNCUSDT | PARALLEL CHANNELKHYBER NETWORK has been trading with in a downtrend channel .
price has made multiple attempts to break above but failed.
Now again price is trading near the upper boundary of channel.
The bulls can face horizontal resistance above break of channel.
The bulls need to break above the horizontal resistance.
Manage our trades accordingly.
KNC : OVERVIEW UPTRENDKNC is one of the coins selected today for an uptrend. We will closely monitor the coin to see if it can generate further gains
✴️ Kyber Network | BULLS Confirmed! (80% to 480% Potential)I was looking for something and I found it in the KNCUSDT chart.
The market is one.
The cryptocurrency market is one.
Just as consciousness and life is all based on one, so is this market... At least that's my experience.
The consolidation phase is still taking place.
While consolidation takes place, we really don't know if things will go forward or retrace, we can't be 100% certain.
We can read signals, we can make deductions, infer things from data but we can't never be sure until the event is confirmed by reality, by events.
Here are the facts:
The uncertainty seen all across is not present here, KNCUSDT is 100% bullish and giving out a clear picture.
The major downtrend is being broken.
The RSI is ultra-strong.
Prices went below EMA100 but already closed back above this very important level at this point.
The trading volume is really high on the bulls side after KNCUSDT hit a new low.
The daily candle closes green, here we can expect additional growth.
What one altcoin does, the rest follows and this one has the clearest of charts.
We are must likely witnessing the opportunity of a decade... Time will reveal who was right and who was wrong.
I don't know which side you are on but 'fortune favors the bold'.
I am taking the leap... My money is on crypto...
What about yours?
Namaste.
KNC LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You