KNCBTC trade ideas
Posible doble suelo en formación. Buen aspecto técnico.Un posible doble suelo se está formando. El último mínimo está por encima del anterior y tras las fuertes caidas al igual que otras altcoins, está intentando volver a formar máximos y mínimos crecientes, que se confirmarian con la formación del doble suelo en este caso.
El aspecto técnico es bueno.
KNC bearish end???My previous analysis predicted completing C wave but end up lost trade however I am in for bullish swing trade.
Technical Analysis :
-5th of C wave completed
-Bullish Divergent
-Channel Breakout
Bearish my view:
-Break current 5th of C
Highlight:
-If break my i wave top will be even bullish sign.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
KNC bearish end??? 50/50My previous analysis predicted completing C wave but end up lost trade however I am in for bullish swing trade.
Technical Analysis :
-5th of C wave completed
-Bullish Divergent
-Channel Breakout
Bearish my view:
-Break current 5th of C
Highlight:
-If break my (i) wave top will be even bullish sign.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
KNC DROP FASTER!!!Highlight:
- Mainnet launch 31 March
- Golden Ratio if it hit with C wave completion
-Do not JUMP in if you miss the bull because will be dump after the news hip
- DCA price range start from 0.000141
Exit:
- Close below 61.8% Ratio
I am an individual trader, based on personal analysis and fall in love with Elliott Wave trading.
Welcome to share your ideas and let's improve it together.
Looking for accountability partner in the trading journey and grow as professional trader.
KNC showing very positive signs of reversalKNC has reached the bottom of the descending wedge as well as meeting the green supporting trendline all on the daily. With the RSI showing a bullish reversal and a MACD bull cross.
All positive indicators are highlighted. I think we are set for a swing trade at minimum. I think now is the time to buy (.00014 - .000145)
*education purposes only*
KNC/BTC - 3/8/2018Good Morning, Traders!
In the short-term, KNC/BTC has been in a constant bearish trend since early February. Looking at the 200-day and 20-day moving averages, it can be seen that this trend started to come up slightly, but overall continues in this trend.
The support level aligned with the 78.6% fib retracement level is the first bullish push KNC had after hitting the lowest low, making it a strong support level to reverse the trend.
If the price starts to move in the bullish direction before this, it will be hit by the resistance level given by the Ichimoku cloud.
Important Resistance Levels: 15501, 17462
Important Support levels: 13203, 10636
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
Kyber Network (KNC) Divergence + Breakout, 50% Profits PotentialI've been looking at Kyber Network (KNC) on Binance for a while now. I've been receiving messages asking me to review this coin
many times, so I always kept my eyes on the chart waiting for the right signals to trade this coin.
So are the signals there? Let's take a look at just a few of those...
Note: Before we even get started... Please allow time for this trade to develop. If you are unsure, have doubts or can't take a loss... Please do not trade, as there is always risks involved with trading. Prices can go up as they can go down, and the market can change pretty quickly based on hundreds if not thousands of different factors.
*** Kyber Network (KNC) Trade Analysis by Alan Masters ***
###Chart signals & indicators
Let's first take a look at the daily chart:
- Here you can notice how the candles are becoming smaller and curving, signs of possible change.
- The TD count reaching its lowest point, with #8 being a neutral candle and #9 a new green candle, with the potential to start a new run.
- The RSI has been hovering around the oversold line for two weeks now, a very strong signal telling us that sellers have exceeded their balance. KNC has been oversold for long. This same indicator allows for plenty of room for growth once the action starts. But we need to look at a shorter time frame, if we want to look for possible breakouts and bullish signals.
On the 4 hours chart the reversal signals are easier to spot. Let's take a quick look:
- First you can see a strong period of positive divergence (purple lines), where the price is going down but the MACD is going up, making higher lows. At the same time it is starting to trend upward after crossing over and showing plenty of room for growth.
- The RSI went to "extreme" oversold and finally bounced to start trending up. The other indicators are also showing early signals of a trend change; from negative to positive.
- The shorter time frames are giving better signals, with the MACD and RSI already bullish and a strong breakout is already on its way.
###Trade instructions
Here are the instructions for this trade:
Buy-in: 0.000154 - 0.000177
(If above buy-in range, wait for retrace to buy in)
Targets:
(1) 0.000184 * Target reached 5-March*
(2) 0.000204
(3) 0.000234 (Up to 50% profits)
(4) 0.000284
(5) 0.000364 (Up to 136% profits)
Stop loss: 0.000140
###Message: Did You Enjoy The Slow Days?
I am seeing the market, trying to turn from red to green.
We have been slow for a few weeks, but that was a blessing for me.
As I am used to say, opportunities will always come your way.
So it is wise to enjoy the action, the profits, all the trades... As well as the peace, make sure to enjoy the slow days.
So the market works in cycles, it moves down, it moves up.
The goal is not to force it, but to learn to go with the flow.
Namaste.