in weekly time frame if you use ichimoku it give a very good signal to go long but the daily trend here is week despite that MACD and DMI are also giving buy signals
The KNC chart is similar to most charts right now, but with the exception that it has formed a Head and Shoulders pattern and reached the upper boundary of the downtrend channel.
Price is now testing the 100MA on the 1H Timeframe.
With the correction, trading volumes have decreased.
The Fed meeting is expected today and the rate may be increased by more than...
The following are machine translations:
On the daily chart, yesterday, it stepped back to the strong support of 1.1 on May 12 and rebounded. 1.1 was the strong support of last year. If it does not break here, it will continue to rebound. Today, the currency circle is in a state of smashing as a whole, and kNC is relatively tough. If you want to rebound, the...
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 $1.88
This price was the level of most volume during the latest dump & pump action.
Looking in the past we also saw price reaction in late 2017 and 2020.
If...
Knc is showing over-bought on a 4h chart and looking really good buy Opportunity if btc bounce
Buying in that 2.01$,2$ support will be a very good entery.
NFA
Unfortunately I seem to have run out of image copy/paste into chart. However my analysis of KNC using data from Nansen.ai is that KNC has some way down still. On the 15th of May whales dumped the token and now it is no longer one of their major holdings. With this in mind I dont expect it to sustain the current relief pump. My best guess is that we will see the...
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...
KNC has very strict behaviour from it's respective market makers in terms of respect to most traditional technical indicators
If the regression channel doesn't allow for a major move to the upside (and if bitcoin can continue ranging)
I could see a tap on the fibs lowest level to initiate a move to re-test demand the local low set a few days back during terra...
The following content is machine translation:
In the 4-hour chart, it surged sharply after breaking through the sideways resistance at $1.8 yesterday, forming a bullish trend and continuing to be bullish, with the upper resistance near $2.6. In terms of operation, step back near $2 to do long, and the target is near $2.6 or Fibonacci's 0.618 ($2.85).
knc usdt
bearish funnel pattern around the lows so might see some releif from this zone
rsi bullish divergence hasnt played out yet
obv broken out and trying to reversal trend
see how we go
its down massively so migth take a while for new trend to start
also might be on the cusp of a total market selloff here so be careful and stops as always
A new reversal pattern has come to reinforce the previous signal of a possible reversal.
All the last 5 candlesticks have long tails. That a sign of a local supply zone.
Price may go as low as 45% or more before find the next important support at $2.30.
Any thing can happen in the crypto market, be careful with your shorts.
You can find my previous KNC TA...
As I said in my previous two TAs KNC showed strong signs of a bearish reversal. One more sign has added; this of the fakeout.
“In this report I will explain some crucial issues, most novice traders ignore and lose money and time. “
Fakeout is one of the most dangerous bullish or bearish signs and if you are unable to deal with them you can lose a significant...
KNC has had a steady bullish trend from late February to April 28th where it began it's decline below the trend. Max height above the trend line appeared from Marth 8th - March 10th. A one-to-one projection of the distance that price has moved farthest from the trend line from the break out would allow price to bottom out very close to the target falling to an...
KNC is a coin I’ll be keeping a close eye on this week and see how price reacts to the above resistance zones and possibly short the bounce on invalidation/rejection. Market structure has been broken to the downside hence looking for shorts atm.
NFA DYOR
Hey guys hope your all well!
This is a trade set up I’ll be looking for this week. Broke market structure to the downside so look to short the bounces. These are to 2 levels I’ll be keeping an eye on and how price reacts to them.
Safe trading everyone.
NFA DYOR
