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KNCBTC

KNC in for a third? Please feel free to comment and challenge me on my TA. Hit a like to show support. ------------------------------------------------- - Setting a higher low from the previous low at the beginning of May. - Only real resistance levels are the weekly (9042) and daily (10020) levels. These have not been broken since August 2018 - Crossed over the 50MA, which has acted as support two times since. Now would be a good time to enter. If not, you can wait for a retest of the daily support (7075), but I don't feel the need to wait and will take the trade.
Long
by Coinathlon
1
Kyber Network Looking StrongKyber Network (KNCBTC) has a completely different chart compared to most other altcoins, which all look similar in many ways. Here we have the ATL hit in August 2019 and bullish since... After the price peaked, we have strong support in the light blue area. Since this area has been holding strong since March, the price can easily continue to move higher. KNCBTC is likely to hit a new high (higher high) since we are looking at higher lows on the retrace and the green trading volume bar is much bigger than the previous few. The indicators are also looking strong and bullish (RSI and MACD). This is what we see when looking at this chart. Namaste.
by AlanSantana
3
KNC/BTC 1D (Binance) Channels & triangle on supportTA: Kyber Network is facing mid-line of big descending parallel channel and also small ascending channel support. It's also forming an "almost" symmetrical triangle. FA: KyberDAO allows you to stake, vote and claim rewards, it will probably become the primary liquidity endpoint that the DeFi ecosystem can rely on. Current Price= 0.00007070 Buy Entry= 0.00006977 - 0.00006517 Take Profit= 0.00008598 | 0.00010089 | 0.00012612 Stop Loss= 0.00004896 Risk/Reward= 1:1 | 1:1.81 | 1:3.17 Expected Profit= 27.43% | 49.53% | 86.93% Possible Loss= -27.43% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x Estimated Gain-time= 1080h
Long
by TradingOn
1
KNC Trade Set-up With Support and ResistanceHey all, here’s another entry on my tradingview series called 'Quick Updates'. On KNC We are greeted with a nice scalp opportunity here. The price is falling back to the support area again after oscillating nicely between this horizontal support and resistance area. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
9
KNCBTC forming bullish BAT | Upto 12% move on hourly chartHi friends hope you are well, here I have found another profit potential trading idea for you and this time Kyber Network (KNC) is forming bullish BAT pattern and soon it will be entered in potential reversal zone to move up. The Pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.786 to 0.886 Fibonacci then the price action will be ready to take bullish or upwards move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.00007277 to 0.00007152 sats Sell between: 0.00007571 to 0.00008014 sats Stop Loss: The potential reversal zone area which is up to to 0.00007152 can be used as stop loss in case of complete candle stick closes below this level. Regards, Atif Akbar (moon333)
Long
by moon333