KNCUSDT trade ideas
KNC/USDT is at important level!Hey Traders,
Let's talk about KNC this time. We see a great pattern forming for KNC coin. After jumping in narrow of $1.20-1.50 it broke our and now is finally staying near resistance which is holding it from major movement! We are buying small amount of KNC coin to hold!!
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short KNCUSDTMost of the major coins have lost local support. So, Looking at the current scenerio, A Good downfall is still on the way.
Strategy 1: Enter now and Sell 50% of entry at the red line and wait if the trend line gets broken.
Strategy 2: Enter once when the trend line support is broken, probably within 24 hrs.
Not A Financial Advice, Do your own research before investing.
KNCUSDT | BULLISH PARALLEL CHANNELKNCUSDT has been trading in a bullish parallel channel. The price is trading near the upper boundary of channel. The price is printing higher highs and higher lows on charts. The bulls need to break above the channel. While bears will be in control below the lower boundary of channel.
Trade your levels accordingly.
KNC - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for KNC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
KNCUSDTPERPWhen the price reached the resistance area, the volume increased, but the price could not cross the resistance (in checking the volume, you should not pay attention to the color of the candlestick, because the time frames are only an indicator) and with the formation of the rising wedge pattern, you can wait for confirmation of the candlestick in the lower time frames. It was a sales position.
This is the coin you must not ignore! To the moon we go..It's a must we put an eye to KNC as the most hottest coin in our radar. The price has shown us a strong bounce from the cycle's low at the area around $1.127 which is the psychological level on current structure.
We decide to put some of the eggs into this basket as we see the previous fractals occurred almost similar action right around this region which when the price reached this region, there were huge bounce occurred with significant percentage gain.
1. First bounce occurred on January 28th, 2021 which the price spiked to the area of $4.323 which produce 248% gain.
2. Second bounce occurred on June 21st, 2021 which the price spiked to the area of $2.376 which produce 113% gain.
3. Third bounce occurred on January 7th, 2022 which the price spiked to the area of $5.737 as the ATH which produce 370% gain.
4. Fourth bounce occurred on May 12, 2021 which the price spiked to the area of $2.8 which produce 141% gain.
Based on all the fractals occurred in the past, we decide to start accumulating now and expect the price to spike at least 100% bounce from the lowest price level which we also use the Fibonacci retracement tools as the guidance to take profit. Whenever we see the price corrects lower, we will add more of KNC as the averaging strategy. But we will also sell it in stop once current psychological level has been broken down.
KNC - Coin will be in game?Reasons to take long:
⭐️ BTC is exhausted and unlikely to fall more
⭐️ Coin is stronger than a market
⭐️ Level is 4d old
⭐️ Buying volume appeared
⭐️ 4th touch
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
KNC - Medium-term trade - our target $1,9828Hello colleagues!
Bitcoin has reached an interesting liquid zone , where a new wave of growth can begin.
After reviewing the graphs of various altcoins, we singled out KNC cryptocurrency for ourselves.
We bring to your attention a medium-term trade.
Entry : $1.451
Stop : $1,3267
TP : $1,9828
KNCUSDT wants the 0.618 Fibonacci levelThe price created a W pattern on the 4h support on 1.3$ and now the price is testing the 4h resistance on 1.430$ below the daily resistance on 1.5$
Usually the market wants to retest the W neckline and in this case, the neckline is on 0.618 Fibonacci level.
How to approach it?
IF the price is going to lose the current support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐