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CryptoStation
May 31, 2021 5:57 AM

🆓Kyber Network Crystal Legacy #KNC $KNC Short

Kyber Network / TetherUSBinance

Description

KNC stuck below 1.6$ zone and is heading to 1.2$ and 1.0$ zone, these zones are very reliable to start accumulating KNC for targets 2.6$ or even 3.5$ zone in June

*Important* KyberDAO recently [approved KIP-6 to migrate and upgrade KNC (twitter.com/KyberNetwork/status/1384192537028554755)

📈BUY
- Buy : 1.17-1.23
- Buy : 0.97-1.03$. SL if B

📉SELL
- Sell : 1.56-1.64$. SL if A
- Sell : 2.55-2.65$. SL if A
- Sell : 3.4-3.6$. SL if A

♻️BACK-UP
- Buy : 1.56-1.65$ if A. SL if B

❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Comments
ArmandoAlexiev
KNC follows the market and strives when BTC is stable. I believe it’s going slowly up now.
CryptoStation
@ArmandoAlexiev, it is following our blue arrow as backup plan. follow it
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