On the above 2-day chart price action has corrected over 90% since the sell signal (not shown) in April. Now is an excellent moment to be long. Why?
1) A strong buy signal prints (not shown).
2) Regular bullish divergence . Lots of it. This divergence is measured over a 40-day period. Look left - blue circles. This divergence includes MFI (Money flow) - Follow...
💎 KNC has indeed made a significant impact in the cryptocurrency market. Currently, KNC has successfully broken out of the key supply zone area.
💎 The potential next step for the price is a retesting phase at the demand level. This breakout is indicative of bullish momentum, suggesting a continuation of the upward movement. There's a probability that KNC will...
A triangle has started from where we entered "Start" on the chart.
Right now it looks like wave E of the triangle is over or at the end of wave E.
There is a supply on the way to the part. By consuming this supply and a downward rejection and then maintaining the green range, it can enter a medium-term bullish phase.
KNC will remain bullish while maintaining...
Kyber Network (KNCUSDT) is experiencing a bullish breakout . After hovering around $0.80 for a period, after surpassed a key resistance level, signaling a potential surge in price.
The first target sits at $1.17 , a level KNC previously struggled to overcome. If this resistance is breached convincingly, the price could skyrocket towards $2.22 and even reach...
NEAR THE TARGET 0.9USDT /
Its the first TP .After a short break, the continua of the trend will be determined.
Please press the boost button if you enjoy the analysis.
The Kyber Network Crystal (KNC) coin is currently in an accumulation range between $0.4634 and $0.929 on the weekly timeframe.
Based on the upward trend and approaching the range ceiling, confirmation of the price trend by daily and weekly RSI, and the RSI entering the overbought zone on the daily timeframe, there is a possibility of breaking the weekly box...
The price has gone through nearly 500 days of long accumulation. There may be a good increase after the breakthrough. Perhaps you can consider another COIN: LINKUSDT.
Emissary over here. Long position. Quick trade.
Yellow line entry limit order - 0.6670
Green line take profit - 0.6942
Red line stop loss - 0.6538
Setup will resolve in 2-3 days. Leverage x3 max.
DYOR, greettings
Leave your support, comment, boost, follow and thank you beforehand.
KNC Token Review
As you can see in the chart, it is stuck below the resistance
The RSI indicator is declining
We can hope for the mentioned position.
You can make a better decision by seeing the confirmation candle in the one-hour time frame.
Don't forget capital management
This is just a technical analysis and personal opinion.
be profitable
Hey Guys,
KNC has solid breakout from trendline, please see chart for more understanding,
Disclaimer: I am not financial advisor do your own research and jump into trade
💎 KNC has recently demonstrated significant market dynamics. After a period of consolidation, KNC is currently showing signs of upward momentum, aiming to break out of the descending channel.
💎 A successful breakout could signal a shift towards upward movement, probability leading the price to retest the strong resistance area.
💎 However, if KNC fails to break...
#KNC looks good for scalp and for spot , I’d suggest to aim for .7, ,76 area…and eventually.90 . #kyber #btc #crypto #trading both scalp and long perspectives are in place..
