Expending leading diagonal wave ((1)) is preferred status for this price action as it stays above 0.4874.
Watching for evidences wave 2 finished 0.702. Clearing 0.902 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
COINBASE:KNCUSD to $2.45 once price breaks the blue trend line breaks to the upside. That is all.
I trade stock , forex and crypto since year 2008. sharing my technical analysis trading idea. KNC breakup from $0.88 target $2
KNC lovers probably won't like this analysis but it's time to face the truth. As the bear market continues it is very likely that KNCUSD will do a full retrace before the accummulation phase. If it had to happen the price would drop over 98 % from 2022 highs. Actually it wouldn't be anything an extraordinary as we know altcoins can drop even 99 % in the bear...
This looks like beautiful consolidation pattern which will resolve to the upside. Right now there is a nice little fractal on 1h time frame. Great chance to get up that risk reward ratio.
KNC is ranging about 10% it seems like the bears have a harder time than bulls bears took a week to push down bulls 2 days up
Kyber Network Crystal v2 / KNCUSD is posting a bullish fractal, common in the last 11 months. The wide pattern is a Rectangle whose top has been hit on both prior bottom rallies. Buy and target 0.96000. Follow us, like the idea and leave a comment below!!
Rsi is into the good area. Cup with handle formation and retest has done. MACD is going to nice area to buy. If there is no problem BTC's way that means BTC goes horizontal with smooth moves, our pattern will work. That is not a financial advise, only my idea. It's up to you joining that.
My thoughts on KNC long with tight sl. Let's see how this goes
Very similar set up to a few coins Decent Potental Upside Even without Breaking the resistance at .8086 Still a beginner.... Hoipe im getting better
Hello Traders, As we can see that KNCUSDT is in a slow bleeding phase we can expect this that it will come to the lower resistance then we will have a long position to wait till it comes to support and then follow the chart pattern.
BINANCE:KNCUSD.P Technical Analysis, Fib Retracement + Resistence zone Short Term Targets : 0,65/ 0,60 / 0,55 If we can see Bitcoin can Broke all support zone we keep our knc Targets.
As we can see a clear double top on the upper range of resistance now we can expect a falldown of around upto lower suppport as shown in the chart
Knc / USD ✔️TF 2week ✔️Batman ✔️(fibo cover) Idea about interconnectedness between Knc, and Batman ("really", not HarmonicPattern)
Kyber Network is a decentralized crypto exchange protocol built on the Ethereum blockchain. The protocol allows users to exchange crypto assets directly and securely without the need for a third party. Currently, KNC has the potential to undergo a correction due to its failure to break through the resistance line at $0.83. The potential decline could reach minus...
Hello Crypto traders, today we will talk about Kyber Network cryptocurrency with ticker KNCUSD, where we see nice and clean bullish setup formation from Elliott wave perspective. KNCUSD sold-off in the second part of 2022, but in three legs A-B-C only, which means that correction can be coming to an end if we consider an impulsive five-wave rally from the lows...