KNCUSDT | DESCENDING TRIANGLE BREAKOUTKNCUSDT has been trading in a bearish trend .
The bearish trend was well respected y descending triangle.
The price has been making lower lows and lower highs.
Now after taking support from horizontal zone, the price has broken above the triangle. .
The bulls can take control from here.
Manage your levels accordingly.
KNCUSDT trade ideas
KNC/USDT Important zone!! Hey, traders
Well KNC/USDT pair has been on on our watchlist this month already but currently se noticed a good level to catch. Well after a bearish trend we have been forming a nice small Bullish trend where we have successfully had 3 bullish support points on trend which resulted the breakout from small triangle formation and left the price just above EMA100 and EMA200.
Well now we have a nice crossover of EMA100, EMA200, Support-line and Trend-line which makes that a very strong zone. Good chance it will hold and we will have a green scenario but who knows, might as well get a breakdown from that level which would result the price to go as low as $0.535
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
KNC/USDT Waiting for entry hereHey, traders
Well KNC/USDT pair has been on a talk recently so let's see what's happening with that one. So we are going to wait for that resistance zone to be broken after what we would set some buys around that level of $0.0655.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
KNCUSDT | RESPECTING SUPPORTKNCUSDT has been in a bullish trend .
Currently, the price is trading near rising support which is well respected by price previously.
The 200MA is also keeping the price hold above key levels.
The bulls are in control as long as price is trading above rising support.
Bears will get control below break of rising support.
Trade your levels accordingly.
KNC - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KNC lately broke below the blue support (1.0 - 1.2) so for the bulls to take over again, we need a momentum daily candle close above 1.2
Then I will consider adding KCS to my portfolio again.
Meanwhile, as long as KNC is trading below the blue zone, we would be bearish and can still trade lower.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KNC - Oversold and daily divergenceIf you have seen how Klay is working. I continue to look for 1 potential altcoin in this bull run to share with everyone.
And in the day frame, I saw KNC.
The coin is currently oversold on the daily chart.
At the same time, its price line is breaking the price triangle and the price is above the support line of the weekly frame.
So technically this is clearly a potential next coin to invest in.
I expect 2 levels of RR: 4.88 and 11.18.
Hope this analysis will help you.
Buy in good price zone and always put SL.