A triangle has started from where we entered "Start" on the chart.
Right now it looks like wave E of the triangle is over or at the end of wave E.
There is a supply on the way to the part. By consuming this supply and a downward rejection and then maintaining the green range, it can enter a medium-term bullish phase.
KNC will remain bullish while maintaining...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
I hope you are fine
It fluctuated in a neutral range. By counting the waves, I think we are in wave d of a falling triangle. For wave d, I expect to move further down and look for short positions inside the red box
Hello colleagues.
Today we publish a potential trade on KNC cryptocurrency.
This cryptocurrency is quite volatile, so trading it without stop orders is dangerous.
We expect a local bounce of KNC price to the $2.29 mark. Then, we should closely watch if the buyers will have the strength to continue growing. The local trend line has been lost by the buyers,...
earlier we had analyzed it and now we are Updating The New Targets:
Fundamentals:
Kyber Network is an on-chain liquidity protocol that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DApps, decentralized exchanges (DEXs) and other users easy...
I'm not a huge fan of making pattern trades without utilizing other technical indicators but KNC could be doing something very interesting here.
1) Like I said, not a huge pattern only trader, but when you see something like massive cup and handle formation on the weekly like we see with KNC, it definitely peaks my interest, as the longer timeframes have more...
Welcome to this quick KNC/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- KNC/USDT Triangle pattern create and buy the dip and green zone
Entry:- CMP and buy the green zone
Traget:- 35% to 50%
Stop loss:-$1.750
Remember:-This is not a piece of financial advice. All investment made by me is under my own...
Keeping an eye on her! After a 446% boost wave we corrected, making a climax where bulls and bears are tied. leaving a beautiful symmetrical triangle pattern. I believe she will make the same move she said about the SXP cryptocurrency.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only....
Based on my TA, KNC is forming a double bottom on the weekly TF.
I would enter with a closure above $2.45
keeping my SL AT $2.25
and I would take profits as follow:
TP1:$2.882
TP2:$3.322
TP3:$3.73
TP4:$4.2
