I am liking the build up for KNC, The KNC/BTC pairing is shaping up for a very large inverse head and shoulders on the weekly time frame. I have been long for quite a while as i like to play the longer cycles but upon confirmation above the resistance I will look to add some KNC
KNC stochs from 1hr-3day all going up in sync together, which is a powerful indicator that KNC is bullish. The trend is up in all time frames.
"Impulse" is a surge that creates "Ripples", like a pebble into water. Ripples emanate outward until energy dissipates or a new Impulse acts. As the distance from the impulse increases, the odds of ending increase. 9.618 is in reality the 8th harmonic away from the impulse. 8 is a "fib number" and thus the relevance of 9.618 extension. IF this wave is ending,...
Early plot of a possible correction pathway. Support zones to be observed for reactions. Might go much lower, reactions will be clues. $ 0.7100-7108 is immediate support, should bounce a bit. $ 0.6995-7012 should be good support including .7 round. $ 0.6882-6902 is the expected target, perhaps after a bounce. If you are seeing Blurry numbers, that is a TV...
History always seems to repeat itself. This time it was fairly quick.
Bullish divergence on RSI and MACD pointing to some upside for KNC. KNC bounced from the small channel.
Hi traders, I think we're done going down for now. It looks like we're completing an ABC correction and we hit the .618 fib target. That doesn't necessarily mean we're going higher though. I expect C wave to take us up to the .66 area but much of this depends on bitcoin. Trade safe,
I'm long everything... lol please any feedback and help is appreciated
Hello Traders, KNC Broke out from a falling wedge and created a flag formation. It continues to coil up and I expect an eventual rise to about $1 and possibly as high as $1.4. We should consolidate around $1 but at this point, we'll need to see how this plays out. Currently there is a building of a bullish divergence on the 15 minute RSI. So I expect a move...
KNC/USD bullish once it breaks to the upside, target at $1, SL below triangle
BTC hits its head on overhead resistance , with a possible 5 wave completion and a Foo Man Choo toping pattern.
It is crypto though, so I wouldn't discount my yellow arrows, a fake drop out and then a pump. What's more if we break out of the top, Ill be watching closely for the exact opposite. Once out of the triangle i will set stop losses right below the top line of the triangle as far too often in this market, a fake pump is started off an obviously bullish signal, just...
Been quite for awhile, but moving well for the last few days