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Kyber Network / TetherUS

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KNCUSDT trade ideas

KNC/USDT Crucial Zone, Break the resistance or Down is coming !💎 KNC is undeniably on our watchlist. After a notable bounce from the demand zone at $0.63, it effortlessly surpassed the supply at $0.68. Currently, KNC is navigating through the subsequent supply zone, inching closer to a key resistance point. Should KNC face a rejection at this supply, it might retrace to the nearby demand at the $0.68 mark, which previously acted as a supply. 💎 However, if KNC manages to breach the resistance swiftly, we can anticipate a significant bullish rally, potentially targeting the Bearish OB and the robust supply zone. 💎 On the flip side, if KNC struggles to maintain its stance in the demand zone during a retest, there's a heightened possibility of it breaking below. In such a scenario, KNC might gravitate towards the Bullish OB zone. This area is pivotal for KNC; holding firm here is crucial. Failing to do so could lead KNC on a steeper descent towards the strong support zone.
by MyCryptoParadise_Nathan
2
KNCUSDT → Coin shows strength in a weak market BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels confident and is ready to strengthen further. While BTC has been in a falling phase for the last 7 days, Kyber network / TetherUs is strengthening already by 28%. Altcoins have been receiving more attention from speculators lately as they are livelier and more active. The latest retest of the 0.495 bottom on September 12 leads to the formation of a bullish momentum, within which the price makes an attempt to exit the descending range. After the breakout and correction, consolidation is formed above the resistance. If the bulls can finally keep the price above this line, we will be able not only to observe, but also to participate in the price growth to the targets indicated on the chart. The area above 0.955 is quite loose and price could quickly reach 1.200-1.400, but for this to happen we need to get momentum from the previously broken resistance. Support levels: 0.630, MA200, MA50 Resistance levels: 0.710, 0.834 I expect an active phase from the bulls' side. The first phase is consolidation. After which I will wait for growth to the mentioned areas. Regards R. Linda!
Long
by RLinda
17
KNC Finished The Retracement. Ready For Leg Up?Kyber Network Crystal (KNC) is an ERC-20 token that powers the Kyber Network, a decentralized exchange (DEX) aggregator. KNC is used to pay for transaction fees on the Kyber Network, and it also gives holders the right to vote on governance proposals. Short Fundamental: Kyber Network is a leading DEX aggregator, and it is one of the most popular ways to trade tokens on Ethereum. KNC is used to pay for transaction fees on the Kyber Network, and it also gives holders the right to vote on governance proposals. The Kyber Network team is experienced and well-respected in the cryptocurrency community. Kyber Network has a strong track record of development and innovation. Recent News: On September 22, 2023, Kyber Network announced the launch of KyberSwap 3.0, a new version of its flagship DEX aggregator. KyberSwap 3.0 features a number of improvements, including a new user interface, support for more tokens, and faster transaction speeds. On September 15, 2023, Kyber Network announced that it had partnered with Ledger, a leading hardware wallet provider. The partnership will allow Ledger users to trade tokens on the Kyber Network directly from their Ledger devices. Disclaimer: This is not financial advice. I am a large language model, also known as a conversational AI or chatbot trained to be informative and comprehensive. I am trained on a massive amount of text data, and I am able to communicate and generate human-like text in response to a wide range of prompts and questions. For example, I can provide summaries of factual topics or create stories. However, I am not able to provide financial advice. Financial advice should only be sought from a qualified financial advisor.
Long
by MoonTradingForecast
KNC Short Trade. Here is My Study On KNC.Based on Waves Theory.(D) Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Short
by MoonTradingForecast
1
KNCusdtKNCusdt long position entry. Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions
Long
by Kentaruchan
We Try Again KNCKNC bounced Back from importent support. We can try here a Entry Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast