KNC broke out of the high and tight flag pattern on 10th February but failed to continue momentum. Price is now heading towards the stop loss of $1.33 but appears to have bounced off the 21 day moving average.
Fundamentally we have the 3rd release of Kybers network/protocol on the way - and the current DeFi app is very good as it is...
it is a fully on-chain liquidity protocol for seamless token swaps
Very bullish tweet from @KyberNetwork - Read this #DeFi research report by the Federal Reserve Bank of St. Louis @stlouisfed which includes an explanantion on smart...
Hello Traders
This pair is now enjoying dynamic support, losing of which will probably lead the price downwards to the green support zone, so I would be looking for short positions below the dynamic support. On the other hand, once the resistance zone is conquered, the blue line will be the potential targets.
Good luck Everyone
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.
Technical analysis:
. KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0014300 to 0.0012800). if so, traders can set orders based...
Technical analysis:
. KyberNetwork/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the...
Technical analysis:
. KyberNetwork/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.0016800 to 0.0015200), traders can set orders based on Daily-Trading-Opportunities and expect to reach...
Technical analysis:
. KyberNetwork/Bitcoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. KyberNetwork/Ethereum is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
. While the RSI and the price Up Trend in the Daily chart are not broken, Bullish wave in price would continue .
Trading suggestion:
. There is still a...
Technical analysis:
. KYBERNETWORK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We...
Technical analysis:
. KYBERNETWORK/BITCOIN is in a downtrend bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested...
Technical analysis:
. KyberNetwork/BITCOIN is in a range bound and Resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested...
Technical analysis:
. KYBERNETWORK/ETHEREUM is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00167). if so, traders can set orders based on...
Technical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on...
KyberNetwork/Bitcoin
New trading suggestion:
The price is in an up trend and we forecast the uptrend would continue.
But there is possibility of temporary retracement to suggested support zone (0.000235 to 0.000187), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000235)...
