KNCUSD D4: 465% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KNCUSD D4: 465% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KNCUSD 4days/candle chart review
::: accumulation in progress now
::: bullish 5 waves sequence
::: updated/revised outlook
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 2.27
::: currently in WAVE3 of the sequence
::: expecting WAVE4 correction soon
::: will last 4-6 weeks
::: up to 465% gains possible later
::: short-term pullback/correction
::: wave4 correction/pullback SOON
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +465% gains
::: details: see chart
::: FINAL TP is 13-14 USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +465% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/WAVE4
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Kncusd
Kyber Network: Underrated?Decent trade set-up for an underrated project. Not Financial Advice... Cheers!
KNCUSDT Resistance BreakoutKNCUSDT (4H Chart) Technical Analysis Update
Resistance Breakout
KNC/USDT currently trading at $3.84
Buy-level: $3.80 - $3.85
Stop loss: Below $3.57
Target 1: $4.10
Target 2: $4.35
Target 3: $4.50
Target 4: $4.75
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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KNCKyber Network is doing things... Not financial advice, but this chart shows all the keys to success.
KNCUSDTKNC had a good run, just look at how it kept on pumping in the past 48 hours.
But it got rejected at the resistance area which is shown on the chart.
There are 3 supports on the way down, but I don't think it can be that strong since Bitcoin reached 60K as I'm publishing this idea.
All eyes are on BTC and ETH right now so altcoins like this are gonna hold back until the market starts consolidating for a while.
However, if you're into opening a long position on this coin, wait until the resistance is broken and a 4H candle is closed above it.
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
KNCUSDT Inverse Head and Shoulders PatternKNCUSDT (4H CHART) Technical Analysis Update
Inverse Head and Shoulders Pattern
KNC/USDT currently trading at $0.2.68
Long Entry-level: 2.50$ to 2.60$ (Wait for the small retracement)
Stop loss: below $ 2.20
Target 1: $3.00
Target 2: $3.50
Target 3: $4.00
Target 4: $5.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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Really strange whale activity???The pump was started on the Binance exchange and not Coinbase. I would ignore the buy volume in this chart. The big red candle volume is equal to the volume that started the pump on binance.
Is this 2 separate whales fighting with each other?
I'm really confused. I was really disappointed to see it drop.
Long @ 1.87. 2/3rds of my portfolio is KNC.
Target is $2.5KNC has been doing phenomenal while the rest of the market dumps. Crypto is just following the stock market at this point. SPY is down, but likely at the bottom. Hoping for SPY to go up from here. KNC can easily hit $2.5.
My long entry: ~$1.88 and 2/3rds of my crypto portfolio is in KNC.
One of my concerns is that once the market recovers, which I am bullish on, interest in KNC will drop.. It's usually what happens.
$TSLA is also down 21% in the past week.
KNC/USD - Aiming for $2 then $2.5 🚀🚀🚀KNC is looking quite bullish. We found good support on $1.5 level and now we are clear for higher levels. Price also moved above the resistance at $1.8.
MACD is looking bullish, RSI is going up and volume is increasing. All bullish signs.
Immediate targets are $2 and $2.5. KNC can offer a nice swing long opportunity here.
Market is also quite bullish with this recent move of BTC towards $52k. Bias remains bullish on KNC and a good coin to have.
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KNCUSDT (KYBER NETWORK) - UPTREND CONTINUATION ANALYSIS 🔎
- KNCUSDT brokeout above the double bottom neckline resistance.
- Price hit an ATH and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
KNC/USD - On $1.5 support, decision time...KNC is sitting on the $1.5 support line. Should we fall we will likely re-test the massive ascending channel we find ourselves in.
For this reason it is best to wait to see where price is going, as you may have a good opportunity to buy later at just above $1.
On larger timeframes the indicators look bearish, but on lower timeframes like 4h we seem to form a bullish divergence which may hold the price from falling further, but that is a bit too early to say.
As such, if we do find a base here, a long would be in order soon.
Last time KNC was turned around from $2.6 level, I'd expect that to not hold a second attempt. Time will tell.
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