KNCBTC trade ideas
KNC/BTC (Confirmed Double Top)KNC/BTC
-Confirmed Bearish Double top patter after neckline breakdown
-We can also see the upward trendline is broke down
-The level of support to below is located at 13800 range
-If we can see a Bullish bounce on support
-The potential upside target is the retest of the neckline
-Technical status is on a short-term downtrend
KNCBTCKyber network getting a lot of good attention recently, Ive identified a channel here where we've seen it spike before bouncing off the bottom - Im in lets see how it goes.
KNC - 50% Move up to next level range? With the demand of DeFi and staking. Is Kyber set to go for another push forward? Not grown as much as the other projects in its field but it certainly can.
Blue region is 50% higher, previous support which is now resistance.
KNCBTC: UPTREND COULD CONTINUE!!KNCBTC IS IN UPTREND. BULLISH PRICE ACTION SUGGESTS CONTINUATION OF THE UPTREND.
KNCBTCAs expected, KNC retested and is now back in the uptrend.
Volume has been steadily increasing.
RSI in a good range.
Previous Idea:
Kyber: Fulfill its DeFi Destiny by Breaching All-Time-HighsAn extremely optimistic view on Kyber Network breaching its all-time-high on the BTC pair in the short-term. This is given from the fact other DeFi coins such as Aave (LEND-BTC), Ren Protocol (REN-BTC), Elrond (ERD-BTC), Synthetix Netwok (SNX-BTC), and others have also reached their ATH levels.
Token supply from the exchanges are also being drained, most likely for staking rewards, found via the ViewBase platform
KNC / BTC - Binance - Has KNC Got More To Give? KNC has been a interesting coin from launch with some wild upswings in the early days the market has a sustained down period with limited price action giving users and traders a chance to buy in around the key levels.
In the past 2 weeks KNC has shown some signs that could indicate a larger run is on the cards back up to some key high levels giving you the opportunity to make some quick gains.
Look for key entry points if looking to enter this market but be aware once the price starts to climb it will do so quickly and retrace back down just as quick.
Signalyze tracking of KNC shows
BTC PRICE
0.00008099
CHG 24H
+8.537%
Trade
HIGH 24H
0.00008248
LOW 24H
0.00007003
BTC VOL 24H
1,086
Advised Buy Levels
If your looking to enter KNC/BTC wait for pullback's and look for quick exit's on the pump.
Trade safe and enjoy!
Signalyze
Risky Call for KNCKNC is during retracing. We can use fibo levels to take profit. 0.618 level ( 0.00015335 ) can be used for the first entry and 0.786 ( 0.00013573 ) second one. Keep in mind to entry in two part to decrease your risk.
Targets can be upper level :
fibo 0.5 level ( 0.00016573 )
fibo 0.382 level ( 0.00017811 )
fibo 0.236 level ( 0.00019342 )
KNC has the answer to when moon?DEFI tokens
They're hot, they're flagging, they're almost a license to print money right now.
KNC/BTC (Bearish Triangle)KNC/BTC
-bearish descending triangle
-unable to break the downward trendline resistance
-sell pressure is increasing
-confirmation of pattern is about to complete
-downside target is the fib support .618
Kyber Network (KNC) Trying To Curve HigherKyber Network Protocol (KNC) is trying to curve higher after a decent retrace of a reasonable run up!
Launching their smart contracts tomorrowi cant share its link here but, is they wrote on their official blog, they are launching something important tomorrow, smart contracts...
