KNC/BTC -hitting weekly resistance area -potential bearish double top -weekly bearish divergence RSI -multiple retests of flat support which is bearish -unable to get above 50ma&ma on 4h chart -a decline in volume indicating a large move -RSI is below 50 level which is bearish -you can enter a Sell position on the retest of flat support -that's an aggressive entry with stop loss above 50ma -or you may wait for . TradingView UK. 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. TradingView UK. Looks like this fractal is a Go. target, around green line.
Knc btc tradingviewKNC/usdt for BINANCE:KNCUSDT by mannpatel — TradingView India
We have it folks, this one is going up and it looks like by a lot. As always, target in green, invalidation in red. Let's roll. Don't be stupid, this is not financial advice. May have to wait for it. Might not happen. Sweet if it does. The MA can be seen as possible sell area if this tanks to a or Nice R2R.
Drew it yesterday with a and yep it rose and rejected the MA area. Not worth betting on but confirming the top.
But there is possibility of temporary retracement to suggested support zone 0. Beginning of entry zone 0. Ideas on the chart. Thoughts welcome. Videos only. The New Crypto Boom! Fractal Analysis on KNC. KNC Long. Why get subbed to me on Tradingview? Going strictly by the fib fan and the mirrored pattern we are seeing here with the interior cup and handle spanning over days which would bring KNC to its all time high and from there possibly into price discovery if it can surpass that level.
Consolidation periods for these moves may be more or less exaggerated then shown but you get the idea. High volume, MACD trowing back positive. Areas to buy KNC, broke trendline. Good areas to buy. Welcome any thoughts. Title says it all- everything pointed towards more upward movement.
A lot of big green volume spikes shows that there is quite a bit of demand.