KNC/BTC (Found Support: Double Bottom?)💎Technical Analysis Summary💎
BINANCE: KNCBTC
-Kyber Network is trading at key support area (previous resistance)
-The price retested and saw Bullish rejection
-This could be a potential double bottom if it can break previous High
-Entering at the current price is highly aggressively but with tight stop loss
-But if you want additional confirmation, enter on a breakout above 9700s sat
-The upside potential is up to 128k sat or higher
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KNCBTC
KNCBTC 200% HODL2 scenarios, option 1 is in orange. itll break thru the resistance and go for the purple targets. or option 2 itll reject from resistance at about 10% and come back to support before going to the purple targets. set stoploss below the previous swing low which is in red. this is not a fast trade. it looks like itll be about a 2 month hold
these targets are not promised. sometimes price only goes up half way and back down to support. also the price will not go straight up, itll zig zag its way up. so dont panic sell if the price goes down a bit. as soon as you see the high is lower and the low is lower then you can sell because itll probably trend back down. if the high was lower and the high is high again then you know we will continue to trend up to the top
trailing your stop loss everyday is a good idea too. but dont trail too tight before the stop hits and goes back up.
KNCBTC Dynamic Support|Bullish Div| Weekly S/R| Declining VolumeEvening Traders,
Today’s analysis – KNCBTC- valid long into local S/R, following technical points to consider,
- Dynamic support holding
- Daily S/R (Support)
- Local S/R (Resistance)
- Oscillators Technical Divergence
- Declining Volume
KNCBTC is in a technical pivot point on the chart, price action is consider bullish as it is holding daily S/R.
Local S/R is the immediate resistance, price is likely to get rejected here for a bearish retest.
Both oscillators are diverging, indicating strength in the immediate term.
KNCBTC’s bullish scenario will be intact as long as the recent low is maintained. Taking it out will break the trend making weekly S/R target.
Hope this analysis helps!
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IS IT SAFE TO BUY KYBER NETWORK/BITCOIN? — 100DAYS OF TA, DAY 76Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 76 of the 100 Days of TA is here! Today's spotlight is on KYBER NETWORK (KNCBTC). I talked about the next direction of KYBER NETWORK and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
KNC/BTC (Bearish Pattern?)KNC/BTC
-Kyber Network is potentially painting a bearish H&S pattern
-The confirmation of this pattern is the break of the neckline
-The target below is the 200D MA and previous resistance area
-I'm not saying KNC will go straight down
-But only giving you a heads up and protect your account
-Please Use proper stop loss & follow your trading plan
-Know when to exit your trades if becomes invalid
AST- low-cap speculation/gamble. Long if weekly S/R lvl holdAs DEXes trading volume approach or even exceed that of centralized exchanges, speculators are pushing up the price of DEX tokens.
AirSwap has the market cap of around 35 millions and is a speculative DEX token that has a lot of upside potential.
Long now or wait until the weekly S/R lvl is successfully retested.
KNC/BTC +670% Cup & Handle Breakout HopiumKNC/BTC looks to have broken out of a Cup & Handle looking thingo with a potential +670% target based on the measured depth of the Cup.
At current price it still has about +550% to target.
Volume pattern looks appropriate for Cup & Handle formation.
Lettuce pray for this meme.
Happy trading :)
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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