KYBER ;Seamless Token Swaps, Anywhere -(KNC/USDT analysis)❇️(coinmarketcap dara:
Rank #119 -kind:Token
On 69,895 watchlists
Market Cap:$555,824,928
Market Cap / TVL Ratio: 24.38
Fully Diluted Market Cap:$612,619,396
Total Value Locked (TVL): $22,842,126
Volume24h: $93,963,708
Volume / Market Cap: 0.1698
Circulating Supply: 205,048,084 KNC (91%)
Max Supply:226,000,000 )
Kyber Network began its development in 2017 and is built on top of the Ethereum blockchain. The project was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore.
What Is 🌟 Kyber network and KNC 🌟 ?
After ZRX, ZebPay is proud to expand our DeFi offerings with KNC (Kyber Network Crystal). Kyber is one of the most widely used DeFi protocols on the Ethereum blockchain. While 0x uses a combination of on-chain and off-chain transactions, transactions on Kyber network are fully on-chain and thus fully transparent and verifiable.
❇️ The Kyber network:
Kyber is a blockchain-based liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application.
❇️The KNC token:
The KNC (Kyber Network Crystal) token is used to govern the Kyber protocol. When you stake KNC tokens, you can vote on key decisions shaping the Kyber Network, and in return receive rewards in ETH
Let’s break down this definition of Kyber to understand all the different elements:
👉Kyber is a blockchain-based liquidity protocol: Kyber network is a liquidity protocol based on the Ethereum blockchain.
👉Aggregates liquidity from a wide range of reserves : Kyber network aggregates liquidity from over 40 sources, which it calls ‘reserves’. As a result, it can provide the best rates for token exchange.
👉Powers instant and secure token exchange : Token exchange via Kyber network is instant. This is because unlike centralised exchanges, there are no intermediaries to slow down the process.
👉In any decentralized application: A decentralised application, or dApp, as they’re commonly referred to in the blockchain community, It is incentivized (think of videogames with in-game token rewards).
refrences: coinmarketcap - zebpay.com -kyber.network
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for KNC/USDT, the price is trading at around $2.72 .
now you can see in the chart, the knc/usdt has been able to form price supports for itself that can be rejected if the price hits them, and while it has completed its cup pattern, it can now grow to the width of the channel; if it Break the middle line .and Continue its bullish rally to the $ 4, $ 6.5 and then $ 13 , respectively
Of course, the target of $ 40 is not so far off it if the market supports it .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
KNCUSDT
#KNCUSDT is ready for a 60% Ride! 600% WITH 10X!KNCUSDT Looks good here, I opened a long with 10x leverage.
Channel seems to break out soon.
Either you can trade on the breakout of the flag or channel or you can just buy now. There's a very small risk at the current level.
Entry : $2.56 to $2.80
Target :
$2.95
$3.45
$3.87
Stop Loss: $2.37
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
#PEACE
KNCUSDTKNC 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 until the market starts consolidating for a while.
However, if you're into opening a long position on this coin, wait until the resistance is broken and a 4H candle is closed above it.
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
KNCUSDT Inverse Head and Shoulders PatternKNCUSDT (4H CHART) Technical Analysis Update
Inverse Head and Shoulders Pattern
KNC/USDT currently trading at $0.2.68
Long Entry-level: 2.50$ to 2.60$ (Wait for the small retracement)
Stop loss: below $ 2.20
Target 1: $3.00
Target 2: $3.50
Target 3: $4.00
Target 4: $5.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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Really strange whale activity???The pump was started on the Binance exchange and not Coinbase. I would ignore the buy volume in this chart. The big red candle volume is equal to the volume that started the pump on binance.
Is this 2 separate whales fighting with each other?
I'm really confused. I was really disappointed to see it drop.
Long @ 1.87. 2/3rds of my portfolio is KNC.
KNC/USD - Aiming for $2 then $2.5 🚀🚀🚀KNC is looking quite bullish. We found good support on $1.5 level and now we are clear for higher levels. Price also moved above the resistance at $1.8.
MACD is looking bullish, RSI is going up and volume is increasing. All bullish signs.
Immediate targets are $2 and $2.5. KNC can offer a nice swing long opportunity here.
Market is also quite bullish with this recent move of BTC towards $52k. Bias remains bullish on KNC and a good coin to have.
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KNCUSDT (KYBER NETWORK) - UPTREND CONTINUATION ANALYSIS 🔎
- KNCUSDT brokeout above the double bottom neckline resistance.
- Price hit an ATH and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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-15+ years experience in markets
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KNCUSDT D1: BEST Level to BUY/HOLD 165% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KNCUSDT daily chart review
::: chart looks good /strong
::: speculative bullish setup
::: get ready to BUY LOW from my level
::: BULLS seek to BUY/HOLD from 1.075
::: strong horizontal mirror S/R level
::: expecting short-term losses
::: BULLS wait for re-test of 1.075
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +165% gains later
::: exit near point D +165% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 2.95//3.05
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +165% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
KNCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a triangle. Right now it is at the bottom. If it is able to go all the way up and break the upper side of the triangle, it will continue moving in the direction of the orange arrow.
If it goes to the bottom and break the bottom side, it will continue going in the direction of the green arrow.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KNC/USD - On $1.5 support, decision time...KNC is sitting on the $1.5 support line. Should we fall we will likely re-test the massive ascending channel we find ourselves in.
For this reason it is best to wait to see where price is going, as you may have a good opportunity to buy later at just above $1.
On larger timeframes the indicators look bearish, but on lower timeframes like 4h we seem to form a bullish divergence which may hold the price from falling further, but that is a bit too early to say.
As such, if we do find a base here, a long would be in order soon.
Last time KNC was turned around from $2.6 level, I'd expect that to not hold a second attempt. Time will tell.
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KNCBeen following this one off and on for a while now...didnt pull the trigger before but now I will...too much confluence to pass it up..bounced nice on the kijun. volume is decent. blue targets are on the right.
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. :)
$KNC - Kyber Network 3.0 comingFundamentally we have the 3rd release of Kybers network/protocol on the way - and the current DeFi app is very good as it is...
it is a fully on-chain liquidity protocol for seamless token swaps
Very bullish tweet from @KyberNetwork - Read this #DeFi research report by the Federal Reserve Bank of St. Louis @stlouisfed which includes an explanantion on smart contract-based reserve aggregation and how Kyber serves as a backbone protocol for a large variety of DeFi applications! (09/02/2021)
Technically speaking we have a bull flag break and in this environment this defo gives me the target of the 2.0 fib retracement of 2.76
As long as BTC doesn't retrace too firmly then this should be in the money