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...
Kyber Network strongly attacks resistance.
It is about the time when he will confirm his attack and will continue in the uptrend, given the overall situation in the cryptocurrencies.
Double harmonics pattern, three white solders on the weekly timeframe, higher lows since 2019, strong RSI, weekly close set to happen above EMA10, 55% easy and finally, over 1,000% bullish potential long-term.
I don't want to be left out of the historic Kyber Network bullish wave.
Patience is key.
Namaste.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
I hope you are fine
It fluctuated in a neutral range. By counting the waves, I think we are in wave d of a falling triangle. For wave d, I expect to move further down and look for short positions inside the red box
#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 :
📊 KNCUSDT
🔵 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 ❤️
Please support our activity with your likes👍 and comments📝
in weekly time frame if you use ichimoku it give a very good signal to go long but the daily trend here is week despite that MACD and DMI are also giving buy signals
Based on technical factors there is a long position in :
📊 KNCUSDT
🔵 Long Now 1.397
🧯 Stop loss 1.190
🏹 Target 1 1.535
🏹 Target 2 1.750
🏹 Target 3 2.360
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
KNC 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...
Hi dear friends, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we had a nice trade of KNC:
Now on a daily time frame, KNC has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
