KNCUSDT Inverse Head and Shoulders PatternKNCUSDT (4H CHART) Technical Analysis Update
Inverse Head and Shoulders Pattern
KNC/USDT currently trading at $0.2.68
Long Entry-level: 2.50$ to 2.60$ (Wait for the small retracement)
Stop loss: below $ 2.20
Target 1: $3.00
Target 2: $3.50
Target 3: $4.00
Target 4: $5.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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Knc
$KNC, Trying to reverse and start going up $KNC
Trying to reverse and start going up again after a short accumulation above ~3400 sats support level..
UCTS remaining quiet on HTFs & volume for now looks weak..
Anyway, worth setting some alerts just in case it gets traction (upside is quite big!)
#KNC
KNCUSDT (KYBER NETWORK) - UPTREND CONTINUATION ANALYSIS 🔎
- KNCUSDT brokeout above the double bottom neckline resistance.
- Price hit an ATH and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
KNCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a triangle. Right now it is at the bottom. If it is able to go all the way up and break the upper side of the triangle, it will continue moving in the direction of the orange arrow.
If it goes to the bottom and break the bottom side, it will continue going in the direction of the green arrow.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
KNCBeen following this one off and on for a while now...didnt pull the trigger before but now I will...too much confluence to pass it up..bounced nice on the kijun. volume is decent. blue targets are on the right.
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
$KNC, ~4800 sats needs to hodl & flip as signal of continuation$KNC
~4800 sats needs to hodl & flip as signal of continuation (potential good entry on the way up)
if happens, then it will probably go for a retest/breakout fo the ~6400 sats
Still on a HH-HL sequence w/ UCTS bullish across most timeframes..
give it time.
#KNC
KNCBTC-The formation of a very strong uptrend in 3 / C waveIn the daily chart, the first 5 ascending waves have been completed in the range of 21818 (1 / A), and its corrective movement has been completed in the range of 2210 with 3 descending waves.
By breaking the downtrend line, we can consider it as the advent of an uptrend in the 3 / C wave, however, we can receive the main confirmation when the price crosses the range of 7025, which is the end of wave iv.
KNCUSDT
KNCUSDT (4H CHART) Technical Analysis Update
KNC/USDT currently trading at $1.92
Buy-level: Above $2.00 (only enter if 1h candle closes above 2.0$)
Stop loss: $1.76
Target 1: $2.325
Target 2: $3.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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KNC - bullish falling wedge taking us higher?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH/HLs)
Notes:
- Forming falling wedge on 4H
- Close to weekly support levels, previous touch bounced beautifully
- 20 EMA been acting as point of support
- Price retraced to golden fib zone
Ideas:
- Looking for breakout of wedge. Falling wedge in uptrend = bullish, so expecting break upwards