KNCUSDT ( Resistance line Breakout)KNCUSDT currently trading at $1.026
LONG ENTRY LEVEL: Above 1.075 (Only Enter Long After 4-hour candle closed Above Resistance level at 1.075
STOP LOSS ( support): Below $0.950
Resistance level 1(Target) : $1.335
Resistance Level 2(Target): $1.860
Risk Reward Ratio: 1:6
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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Kncusd
KNC, Expecting 300% run for 5th wave targetKNC about to start 5th wave of EW impulse cycle
time frame 8 weeks.
KNC/USDT (Key Support Breakdown)💎Technical Analysis Summary💎
OKEX: KNCUSDT
-KNC broke its key support area at $0.85 dollars
-There is no strong support until down to $0.69 dollars
-If you are looking to buy at the next support
-Please wait for any sign of strength to reduce the risk
-These areas are only potential support it can easily be broken down
-If there are no buyers interested in this region
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POSSIBLE bullish signals in a bearish pattern - can it reverse?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Reversal looking more promising - BUT this support is crucialThe current situation:
1. Price action is currently ranging in a symmetrical triangle pattern as seen on the hourly chart, with 63% chance of breaking to the upside. The measured target is about 1.03 USD. It is also above the daily 21MA, which it has not done since the selloff since September.
2. On the daily chart, there was double bullish divergence and it could be playing out steadily right now, and we will see how far it goes.
The bullish case: price action closes on top of the following moving averages and it will be further confirmation that this is a reversal, as it has not closed on top of these moving averages since the selloff: the 4HR 200, 12HR 50 and the daily 21MA
The bearish case: if price action closes below the 21MA, which will indicate either a delayed reversal or lower price action.
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*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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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KNC BULL GARTLEY TARGET: $1.06 ENTRY, $1.44 1ST TGT, $1.95MOONKNC BULLISH GARTLEY TARGETS. AMONGST THE SELL OFF. TARGETING KNC FOR A LONG WITH A $1.06 ENTRY, $1.44 1ST TARGET & $1.95 AS A MOON TARGET. IF IT DOESN'T HIT THE $1.06...I'M NOT BUYING. MOVE ON TO THE NEXT OPPORTUNITY
Kyber Network (KNC) - September 13Hello?
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It rose after touching the uptrend line (2) and the 1.05435354 point.
You need to make sure you can get support at the 1.26937200 point.
Breaking the downtrend line (4), it remains to be seen if it can move above the 1.43039721 point.
If it falls from the uptrend line (2), it is a short-term Stop Loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BREAKOUT success - here's the next level of resistanceThe current situation:
1. Price action broke out of the smaller symmetrical triangle that should have been a continuation of the breakout of the larger symmetrical triangle on 9/9. The next level of resistance is the 6HR 50 moving average currently sitting at about 1.35
2. On the daily chart, it seems more apparent to me that this is indeed the recovery and I would expect more buyer volume to show up on the daily for more upward price action.
3. The RSI is in overbought territory on the hourly so I predict a pullback at 1.35 where the 6HR 50 moving average is.
*These are purely my speculations and are not financial advice. You should always do your own due diligence before trading or investing.