Hi friends hope you are well, and welcome to the new update on Kyber Network (KNC) token.
On the long-term weekly chart, the price action of the Kyber Network is completing the last leg of bullish Butterfly pattern and soon it will be entered in potential reversal zone. The simple moving averages 25 and 50 are forming death cross which can push the price action...
KNC is having a strong rebound from the 4500sts zone and the next targets are the 6500sts and 8000sts zone. The 8000sts is very strong and could be a reversal zone and KNC will continue to fall strongly in the near future.
- Buy close to 5000-5250sts. Stoploss if B
- Sell: 6500-6750sts. Stoploss if A
- Sell: 8000-8250sts. Stoploss if...
Oscillators indicate strong buying signals for Kyber Network on the KNC/BTC chart on the 1D and 3D TF.
It seems like KNC has completed its correction and that it has found support on the red trend-line from where it has already bounced (see red line).
There is strong bullish momentum for a pump up to 60% (entry between 0.00004924-0.00004956)!
Swing Trade KNC-BTC...
Sell on 1 hour chart
Buy on 7h chart
Sell on 3 days chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
-bearish descending triangle
-unable to break the downward trendline resistance
-sell pressure is increasing
-confirmation of pattern is about to complete
-downside target is the fib support .618
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KNC is looking quite strong after a good push up and a bounce of the Pivot on the retracement, definitely worth keeping an eye on this. With a first target R1 at 21. And a stop under the Pivot with some room for wicks.
-blow off the top at 21800 sat
-big profit-taking volume
-lower high is confirmed
-trendline or neckline break is confirmed
-priority is downward
-the target below is 15000-14000 area
-watch out for the news release
-there is a warning profit-taking volume
-news event is getting closer
-hits weekly strong Fib resistance level
-testing trendline of support
-this is a visible daily and weekly bearish RSI div
-this is very crucial today
-I do not recommend to buy at this level
-unless you are looking for Short entries
-break of the trendline is a Sell signal
After more that 11X your money from all time low, now it`s time time to cash out some profits.
The indicators also show overbought conditions.
Also i look at the retracement levels for a bounce, most probable being .618 fib level.
Target 1: 11470
Target 2: 9556
Target 3: 8008
Target 4: 6461 (0.618)
If you are interested to test some amazing buy and sell...
Hi friends hope you are doing well and welcome to the new update on Kyber Network. The KNC has surged more than 930%. Therefore in today’s post we will try to have complete analysis how how the KNC surged and what the price action can do next.
A big butterfly move:
Last year in September 2019 I posted in article on tradingview. Where I revlealed that the price...
KNC is forming a bullish pattern called a bullish rectangle after the symmetrical triangle breakout.
The target is of the rectangle breakout is on the 0.00020 sats area.
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- Setting a higher low from the previous low at the beginning of May.
- Only real resistance levels are the weekly (9042) and daily (10020) levels. These have not been broken since August 2018
- Crossed over the 50MA, which has...