. KyberNetwork/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
Here is an early call. KyberNetwork (KNCBTC) just reached support and has high potential for a bounce around this area (current price).
Let's take a look at the chart:
Volume has come to a halt yet the price is dropping.
EMA100 is working as support. MA200 follows and the price is very likely to bounce here.
MA200 coincides with Fib. 0.786 retracement...
$KNC Showing some volume as it bounces from current support at ~5300sats matching the .786 Fib retracement level.
Bullish divs can be spotted, MACD about to bull cross.
UCTS Buy signal on the 12H.
Entry as low as possible, ~6k sats is a middle resistance.
By the grace of all mighty Allah the most high the only one God and creator, my previous idea:
generated more than 130 percent profit.
There was huge buying volume therefore I am taking the same initial X to A leg this time on 4 day chart.
The 50MA is already there to push the...
Spotted potential falling wedge on KNCBTC and the price just bounced off the bottom of the wedge and its expected to aim the upper side of the wedge wgich should give room for good buy opportunities.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
KNC - Long Trade - Many mid trade crevasses will be avail on way up.
- Long descending pattern from May 2018 - December 2018.
- Semi flat bottom with little volume for the last 4 months
- Inverted High Volume Hammer on March 7th 2019
- Possibly forming of an Inverted H&S if right shoulder closes that will be 80% gain from here.
- MACD is steadily...
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...