Kyber Network Conquers All Major Resistance, Ready To Jump 165%+KNCBTC (Kyber Network) is now trading above all major resistance in the form of EMAs. Prices are now easily trading even above EMA300 which is still 'rare' at this stage of the game.
EMA10 had a bullish cross with EMA300.
The RSI is above 70 and the MACD is trending higher while already on the bull zone.
When a chart is looking like this, only one thing left is... A very strong impulse move...
We can see 40%, just as we can see 70% or even 165%+ in just a few candles... The resistance has been cleared in the past few months.
This chart is strongly bullish... Now we wait patiently... Let's see how it goes.
Namaste.
Knc
$KNC, Reclaimed and flipped into support ~2650 sats level...$KNC
Reclaimed and flipped into support ~2650 sats level...
Volume seems low from here but looks interesting..
EMA50/200 close to a golden cross
UCTS still no buy signals on the 1D or 2D charts..
if it gets traction, then aiming for ~3300 sats (20%+)
Tight SL just in case
#KNC
KNCBTC trade ideaFirst off: im a beginning trader forcing myself to make a trade journal and, by doing that, capping the number of trades I take and making it possible to evaluate all my trades later. Also it reduces the risk of FOMO'ing because as long as I stick to my habit of first analysing and publishing my trade, that FOMO moment will have passed and I will have a plan to buy a retest or something like that. ALSO: I am always inspired by either twitter and/or telegram and/or discord groups, so dont be surprised if you see things from influencers in between my own analysis. I am looking to confirm for myself the analysis of influencers and find confluence by myself before taking a trade. And of course non of this, by a long run, is financial advice. Not even close.
So what I see on KNC (which was called by @cryptonewton on the 1d chart, I added the tweet in link to related idea's) on the 3d chart is a cup and handle forming, i see the blue ICHE line bullish crossed over the RED, and I see price now struggling with the 1003DMA and the bottom of the ICHE cloud. I already bought some KNC on basis of the 1d Chart ideafrom cryptoshelby (see link below) and am looking for the price to break and retest the 1003DMA, get up into that ICHE cloud, and drift all the way up to find the resistance on the upper range, bounce down a bit, then brake it and complete the cup formation. That would be an awesome ride (which will take well up into 2020).
Kyber Network / Fighting for Its Life What to say?
The one of the worst performers !
But If The Price Falls to $007, I'll buy it.
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KNC - KyberNetwork - LongKNC - Long Trade - Many mid trade crevasses will be avail on way up.
5D chart
- Long descending pattern from May 2018 - December 2018.
- Semi flat bottom with little volume for the last 4 months
- Inverted High Volume Hammer on March 7th 2019
- Possibly forming of an Inverted H&S if right shoulder closes that will be 80% gain from here.
- MACD is steadily rising
2D chart
- MACD is curling under
- STOCH & RSI are bullish
- TD sequential just hit 9
$KNC, Flipped resistance into support..$KNC
Flipped resistance into support & then went into accumulation
Currently volume starting to rise as it crossed over EMA50
UCTS Trendfinder turn green across all levels(indicating a good upside pressure)
Aiming for ~2400sats (try to enter on some retrace if happens)
#KNC
LONG - KNC - Trading OpportunityBINANCE:KNCBTC retesting a flat cloud top while creating a bullish divergence at the same time, stop loss is quite tight so this is quite a good play and risk free, this is looking like a reversal as we have closed above the Kijun.
Entry: 0.0000202
Target 1: 0.00002167
Target 2: 0.00002237
Target 3: 0.00002434
SL: 0.00001963
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KyberNetwork Chart Analysis | Fib. Targets & PathsKyberNetwork (KNCBTC) printed another higher low and is about to print a higher high... It is very likely that EMA200 at 0.000002660 will be challenged next.
Remember, the charts are always changing, so make sure to have a plan before you trade.
Just as we have a bullish chart now, all the signals can change with just 1 candle close. In this timeframe, we are looking at 24 hours per candle.
That's why we see the bullish signals and potential, we buy and we hold... But we also use a stop-loss, in case the trade goes wrong.
Namaste.