KNC BreakoutSo far KNC is been stalled by 2nd pivotal resistance but looks firm with ichimoku cloud and rsi.
So there is plenty of upside room for knc.
Let's see if it can aim for previous local highs and maybe new ath.
Knc
KNCUSDT AnalysisI have mixed views about Kyber. There was a BB Sell signal on August 7th, 2020, indicating that it is time to sell it. However, today, Engineering Robo 1 is giving a Buy 1 signal. There was also a BB Buy signal on July 28th. The trend has been moving above the uptrend line (support level). I can choose to buy it and sell at the resistance 1.858 resistance level. If the candle goes down and breaks down the support level with an open-close candle below it, then I will sell it.
KNCUSDT analysisSince the chart and is above the support and we have a BB buy, we can buy this stock. We can sell at resistance. MA20>MA50 which supports our decision. We can also use McGinlet dynamic to support our decision.
CORTO - KNC - Oportunidad de CompraEl FTX:KNCPERP ha empezado a perder potencia lentamente, la nube a 12h junto con el MA50 han probado ser una resistencia importante, lo cual ha llevado a que caiga por debajo del Kijun, estaremos esperando un retest del soporte en 1.4282.
Entrada: 1.5384
Objetivo 1: 1.4282
Objetivo 2: 1.3758
SL: 1.5725
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KNC gears upA beautiful setup with a very tight stop.
Entry: 1.44
SL: 1.37 (1.31 if you can use a wider stop)
Target: 1.73
Good Luck!
Possible Head and Shoulders Pattern.Hello, traders.
Many altcoins are looking like the downward movement will continue, and KNC may be in the process of forming a head and shoulders, but of course, this is just speculation. Until the right shoulder where completed, we cannot call this a bearish pattern.
Push the like button.
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DeFi Buy Opportunity - KNCUSDTKNC prices have demonstrated predicatbility in movements, as they are trapped into this channel.
If history repeats itself, given than support its holding, we might target the upper bound of the channel.
Macd is showing a bullish reversal too.
Be careful because a trading competition on DeFi tokens is going on, thus increased volatility might be expected.
Buy zone: current - 1.562
TP: 1.70324 - 1.7600
Fast Money: KNCUSDT LONG TRADE for 7% - 11% ProfitSymbol: KNCUSDT, KNCUSDTP
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes: 15M -12H
Signal: Blue -> Green
Context: Green
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Expect a 50% rise in Kyber Network by THE END OF JULYWith the recent release of KYBER DAO and Katalyst two weeks ago users are staking their KNC as we speak in anticipation of the first payment to be released to the staker in less than 12 hours. The Kyber DAO protocol collects fee when trades uses the Kyber SWAP to swap their units without use of a centralized exchange. This massive jump in DeFi (Decentralized Finance) technology rewards stakers with Ethereum.
Now Provided the release of ETH Is of good quantity to the stakers, expect a massive flood of report of happy customers flowing into all social media platforms driving the price upwards.
In fact I wouldn't be surprised if KNC would push its price along with Ethereum's. Kyber decentralized exchange is a revolutionary technology and a leader in the market.
KNC - 50% Move up to next level range? With the demand of DeFi and staking. Is Kyber set to go for another push forward? Not grown as much as the other projects in its field but it certainly can.
Blue region is 50% higher, previous support which is now resistance.
KNCUSDT ANALYSISThis coin is very new, so it is very difficult to guess what will happen in the future. That's why I would prefer to look EngineeringRobo's signals.
Kyber: Fulfill its DeFi Destiny by Breaching All-Time-HighsAn extremely optimistic view on Kyber Network breaching its all-time-high on the BTC pair in the short-term. This is given from the fact other DeFi coins such as Aave (LEND-BTC), Ren Protocol (REN-BTC), Elrond (ERD-BTC), Synthetix Netwok (SNX-BTC), and others have also reached their ATH levels.
Token supply from the exchanges are also being drained, most likely for staking rewards, found via the ViewBase platform
KNC Breakout Incoming IMOI was browsing through alt lists and found an interesting bubble.
It looks like KNC created triangles just like other alts but is on the verge of a breakout.
I would wait if it breaks here or sees if it continues to squeeze.
Good luck guys!
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Risky Call for KNCKNC is during retracing. We can use fibo levels to take profit. 0.618 level ( 0.00015335 ) can be used for the first entry and 0.786 ( 0.00013573 ) second one. Keep in mind to entry in two part to decrease your risk.
Targets can be upper level :
fibo 0.5 level ( 0.00016573 )
fibo 0.382 level ( 0.00017811 )
fibo 0.236 level ( 0.00019342 )
#KNC #KyberNetwork $KNC (BUY!)This week in the world of crypto @intotheblock discusses the launches of two protocols, Kybernetwork's katalyst and cardano.
and More interesting fundamentals coming. very Bullish from here.. can we go 800% return end of august?
#KyberNetwork $KNC Be Ready! Really bullish!Investor will keep buying for more r.o.i.. This is good time to buy more KNC for saving Interest. Looking bullish from here
