Knc
KYBER NETWORK TO FALL ABOUT 10% IN IMMEDIATE SHORT TERMKyber Network is currently tapped out on is wave trend and needs to have a slight correction in the immediate here and now before looking for a possible bounce using its ascending trend line which meets with the ascending trend channels resistance line, which creates a rising wedge that the price action will most likely look for one more bounce to see about breaking above this trend channel its in.
Short Trade:
Limit Order: @ $5.19(SHORT)
Target Profit: @ $4.70 (-8.74%)
Stop Loss Trigger: $5.40 (-4.85%)
Stop Loss Order: $5:41 (-5.00%)
Looking for the bounce at the $4.70 level to where we can see a fulfillment of the rising wedge, and then a bigger break down to retest double bottom at $3.65 or we could stop with support along the bottom of the ascending trend channel. We will have to wait and see on that.
KNC's Bearish Clues are So StrongKNC (Kyber Network Crystal), a Coin which is Listed on WHITEBIT Exchange, is in an Ascending Parallel Channel. The Price Of This Coin in now Near the Top of the Channel Which means there is a High Chance that It would Start a Bearish Trend to Reach the Bottom of the Channel. The Price is also in a Small Rising Wedge Pattern as well, and also there is a Regular Bearish Divergence(-RD) On RSI . These Patterns and Divergence Suggest that The Price will Definitely Try to Bearish Soon! These Evidences are so Strong That we Might Even see a Break out From The Ascending Channel Happens Which would Decrease The Price to 3.3$. But Since There is no Break out we can Not Be Sure. But The Way to the Bottom Of the Channel Can be Expected To Happen Soon!
-KNC is in an Ascending Parallel Channel.
-The Price is at the Top of the channel
-KNC is also in a Small Rising Wedge as Well.
-(RD-) on RSI
-These Bearish Signs are so Strong That Even a Break out from the ascending Channel Might Happen.
-Support Sits at 3.3$
🟡You can Buy and Trade This Coin at WHITEBIT Exchange!
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Thank you for seeing idea .
Have a nice day and Good luck
Kyber Network (KNC) formed bullish Gartley | A long opportunityHi dear patrons, hope you are well and welcome to the new trade setup of Kyber Network (KNC) with BTC pair.
Previously we had a nice trade of knc:
Kyber Network (KNC) formed bullish Gartley for upto 11% move
Now on a 2hr time frame chart, knc has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$KNC/USDT 12h (#BinanceFutures) Rising wedge on resistance Kyber Network Crystal is retesting previous Highs and seems likely to retrace down after that.
Current Price= 3.901
Sell Entry= 3.936 - 4.212
Take Profit= 3.460 | 3.050 | 2.640
Stop Loss= 4.587
Risk/Reward= 1:2 | 1:2 | 1:2.8
Expected Profit= +15.07% | +25.13% | +35.20%
Possible Loss= -12.59%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #KNC #KNCUSDT #Kyber #KyberNetwork #v2 #KyberSwap #DEx #AMM #Marketplace #Governance #DAO #DApp #DeFi #BSC
Website: kyber.network
Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c
Kyber Network Legacy Crystal - [Lifetime Triangle] STLFRPThis triangle pattern which has a hidden gigantic cup & handle inside of it has been developing since the infamous 2017 Alt Coin Rally.
$KNC is the most honest brand in cryptocurrency today.
2021 Included mentions via St Luis Federal Reserve + Hand selected as a top tier leader in the Defi space by 3 Arrows Capital.
This is what transparency looks like.
* Price target shown pending possible breakout to the upside.
KNC / USDTAs you can see in the chart in 4H TIME FRAME this is the pattern that we are in although BTC is moving down but if we break the upper line of the pattern we can take advantage and make profit out of it
Just wait for the confirmation and use stop loss
Guys I do trading based on patterns so my analysis is good for a short term not holding
Set your R;R properly
I can not say where to buy or sell bcoz all depends on your strategy
Bus I show you our targets for making short or long for short term
If you like my analysis don't forget to like and comment to support it
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
GOOD LUCK