Target: 0.47000 (+320% rise based on the previous similar bullish sequence).
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Technical analysis: . KYBERNETWORK/DOLLAR 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 57. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . We...
Technical analysis: . KYBERNETWORK/DOLLAR 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 57. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . We...
Technical analysis: . KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on...
Technical analysis: . KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on...
KNC completed its wave 1 &2. Wave 3 is about to start.
Kyber(KNC) has been COnsolidating for a while now.. REcently KNC was added to some exchange which caused the PUmp... we have some confirmations from 50 EMA + a symmetric triangle is in play targets are based on FIB extension levels 1.27 to 1.414 which can be changed in future depends on market condition GOod Luck
Kyber Network has found the bottom at $0.8, after which it broke above the downtrend trendline and went back down to $0.8 support area, where the double bottom seem to be formed. Each time KNC/USD approached the $0.8 area it formed a bullish divergence on the RSI oscillator suggesting the trend reversal. Now it looks like a very attractive price as well as I...
Would like to see a bounce off the bottom. Would cut losses before a dip under $.70, don't have the perfect exit outlined as we will need to follow price for a reversal. Looking for KNC to set higher highs and higher lows.