Watch for support at 1.45 to hold up. Spring forward going into Q3. Expected resistance around 2.20 on any upwards price action. Summer time madness hopefully for Crypto. If not, we could be entering a broader bear market cycle. This is not trading advice. Please do your own DD. Like, Comment and Subscribe for more insights and analysis.
The accumulation phase for the Kyber Network is coming to an end, and considering the potential completion of an ABC corrective pattern by the Bitcoin, price is expected to move up very very soon. Besides, Kyber remains heavily undervalued compared to other top coins.
With an ever - expanding ecosystem, several attempts to optimize the overall DeFi use cases, Kyber is on a path to success! KNC - The native token is certainly going to be the foremost beneficiary as the network adoption keeps on increasing and creates a supply-demand imbalance in the near future!
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A quick glance at some key support and resistance levels involving Kyber Network. Testing .618 currently. Back test hopeful in the coming weeks to previous resistance at 3.57 level. This is not trading advice and always to your own DD before entering a trade. GL
KNC has done a great +500% since January and now we have reached the limits of this rally which seems to have topped for now at just over $4. Not bad. Price is currently trying to find support and I believe we will likely re-test the $2.4 level before we can be confident on any new up-trend. Best to let price relax a bit before considering a position in KNC....
well the trend is still bullish and we might see a fast move north very soon
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Decent trade set-up for an underrated project. Not Financial Advice... Cheers!
KNCUSDT (4H Chart) Technical Analysis Update Resistance Breakout KNC/USDT currently trading at $3.84 Buy-level: $3.80 - $3.85 Stop loss: Below $3.57 Target 1: $4.10 Target 2: $4.35 Target 3: $4.50 Target 4: $4.75 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Used Fib retracements to project target price, then used trend line to estimate target date.
Kyber Network is doing things... Not financial advice, but this chart shows all the keys to success.
KNC had a good run, just look at how it kept on pumping in the past 48 hours. But it got rejected at the resistance area which is shown on the chart. There are 3 supports on the way down, but I don't think it can be that strong since Bitcoin reached 60K as I'm publishing this idea. All eyes are on BTC and ETH right now so altcoins like this are gonna hold back...
📈#KNCBTC ➡️Entry: 3500 sat 🎯Target 1: 4350 sat 🎯Target 2: 5260 sat 🎯Target 3: OPEN
Inverse head and shoulders plus ascending triangle is a double barrel