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Kyber Network / TetherUS

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KNCUSDT trade ideas

KNC LONG IDEAKNC had a nice rally after breaking through its overhead macro resistance (diagonal). We have see it rally into resistance (horizontal) and now id expect its to cool off a bit. Clear price action support/resistance flip down below could serve as a nice point to buy and go long, with stops just below. Id expect some consolidation below this overhead resistance before finally breaking through. Taking the long lower down means we reduce our risk and also, have the opportunity to take profit if the price makes it back to resistance. (as an alternative option, you could wait for the break of this resistance and then long the retest) (will also post the chart of KNC/BTC down below; is always a good idea to see if the bcc pairing is as equally bullish).
Long
by t_trad_coach
KNCUSDT | If The Support 1.1000 Will Hold The Price May Move Up KNCUSDT | If The Support 1.1000 Will Hold The Price May Move Up Soon During the mid of May the price tested the lowest level seen from the beginning of the year. During this period of time, KNC has shown a very high interest in traders and we can clearly see now a beautiful Bullish Harmonic Pattern on our radar. This is a very high probability pattern and it can push the price up again. Wait for any price reaction before you will initiate this trade. Invalidation below 1.1000 (support area) Targets: 🎯 1.7830 🎯 2.0641 🎯 2.3888 🎯 2.7085 Thank you and Good Luck!
Long
by KlejdiCuni
13
KNC - Bounce from the trendline, easy moneyReasons to take short ⭐️ Buyer on BTC ⭐️ Trendline is clean ⭐️ Volume increased ⭐️ Impulse down ⭐️ 3rd touch ⭐️ 100 ATR Fix profit by parts: 2% - 1/3 4% - 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
Long
by Artem_Dishel
5