Sentiment is super bearish right now, but KNCUSD has extraordinarily good odds of outperforming the market right now. It's one of the only coins that maintained its upward trendlines , and didn't dip much during the crash. Demand is high enough to keep prices high, and people don't want to give up their coins. Targets are on the chart. Let's see what happens.
KNCUSD 6h-12h
Pulled some VPVR from different TF, and Fibb retrace, looks like 1.7 is good spot.
KNC has great volatility and Id totally expect deep retrace on that coins with very weak R/S in the middle. Would it be strong bull run, I might believe into shallow pullback, or GP in the best case. Looking at the chart and seeing zig-zags, swings are not rusty to go...
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
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls , by scamermaniacscrypto101
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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).
