#CryptoWhale100Billion Alt Coin Analysis: KNC
My Analysis shows that KNC can increase to around will come back to .75 and return to resistance in the next few weeks. KNC showing slow sales after the meltdown. Buyers are holding the .50-60cent. Possible of another down before running to .75 and back to resistant .95cent.
RSI showing a good bullish move. Strong...
Based on technical factors there is a Long position in :
🔵 Long Now 0.941
🧯 Stop loss 0.840
🏹 Target 1 1.020
🏹 Target 2 1.130
🏹 Target 3 1.420
💸RISK : 1%
We hope it is profitable for you ❤️
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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...
KNC lovers probably won't like this analysis but it's time to face the truth.
As the bear market continues it is very likely that KNCUSD will do a full retrace before the accummulation phase.
If it had to happen the price would drop over 98 % from 2022 highs. Actually it wouldn't be anything an extraordinary as we know altcoins can drop even 99 % in the bear...
KNC can see one more capitulation but we have a good news
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Possible Targets and explanation idea
➡️Global FIB. Came to investments area -0.18 Level.
➡️Now we can test on weekend 0.54...
The market is described, as I wrote earlier in the posts in November - it has always been good for the crypt, on the market the coins that appeared by the buyer go at 50-100%, for you today I reviewed the viola, and coins that do not yet measure themselves as visible we find a large accumulation on the levels with an extended day, they also find out how the level...
If 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...
KNC experienced strong downward price pressure over the course of September as the token crashed to its multi year lows in area $1.1-1.4, where is currently sitting.
On RSI and MACD we can witness a potential bullish divergence on daily timeframes.
RSI is in very "unexplored" areas as it is in deeply oversold territory (27-29), at levels reached only at the peak...
KNC lost its wickless weekly trendline last week and rested this resistance yesterday.
I think for the rest of this week, KNC will go down to targets presented in chart. One more reason for this prediction is that BTC seems being rejected by the MA200W (in short term).