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...
September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Kyber Network Crystal v2 KNC has a...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for KNC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Kyber Network is bouncing off the Fibonacci 0.382 retracement zone which is also in line with the support level. Bullish movement to resistance level at 1.725 is expected to happen.
It's a must we put an eye to KNC as the most hottest coin in our radar. The price has shown us a strong bounce from the cycle's low at the area around $1.127 which is the psychological level on current structure.
We decide to put some of the eggs into this basket as we see the previous fractals occurred almost similar action right around this region which when...
Reasons to take long:
⭐️ BTC is exhausted and unlikely to fall more
⭐️ Coin is stronger than a market
⭐️ Level is 4d old
⭐️ Buying volume appeared
⭐️ 4th touch
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss...
Hello colleagues!
Bitcoin has reached an interesting liquid zone , where a new wave of growth can begin.
After reviewing the graphs of various altcoins, we singled out KNC cryptocurrency for ourselves.
We bring to your attention a medium-term trade.
Entry : $1.451
Stop : $1,3267
TP : $1,9828
BINANCEUS:KNCUSD Price seems to have formed a Head and Shoulder pattern on the 4H chart. The price target of the H&S pattern is shown on the red rectangle. A close above $1.50 will invalidate the pattern.
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
Reasons to take short
⭐️ Buyer on BTC
⭐️ Trendline is clean
⭐️ Volume increased
⭐️ Impulse down
⭐️ 3rd touch
⭐️ 100 ATR
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best...
Hey Traders,
As we all are struggling in the bear markets. $KNC showed a short period bullish Cup & Handle structure. Just use some funds as you manage the risks and buy a bit. Hoping A 25% growth till around 2$. If USDT.Dominance become bearish this will work.
Buy Around 1.4$ - 1.5$ - Target 2$
First of all DYOR. Use stoplossess.
Cheers !!
Hey Crypto Nation.
Kyper Network KNC is no at the price level $1.88 which importance I explained 9 days ago.
Will we see a bounce at this support?
Idea from May 20th...
Kyber Network KNC - introducing $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If...
The trend line breakout has confirmed and an ascending triangle formed with the bearish breakout on the support. Here I am expecting a decent pull back towards the key level highlighted.
Pullback to the point of interest, smart money reversal there, few liquidity grabs. I am pretty confident about this short. The only one question I have - where is a dip? Seems like much deeper than my TP
Kyber Network KNC - introducing $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If price comes back now it might be strong support again.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial...
