KNCUSDT: Will Resistance Break Confirm Bullish Pattern?💎 Paradisers, #KNCUSDT has broken out of a resistive trendline and, after taking the liquidity, has formed a cup and handle pattern, enhancing the probability of a bullish move.
💎 If #KNC breaks and closes a candle above the resistance zone, it will validate the cup and handle pattern, and we can then expect a bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the demand level, but for confirmation, we need an Internal Change of Character (i-CHoCH) towards the bullish market structure from this point.
💎 However, if a candle closes below the demand level, it will invalidate the pattern. In this case, it would be better to wait for more favorable price action to develop.
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Knc
💡Don't miss the great buy opportunity in KNCUSD @KyberNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.853).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KNCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2.027
TP2= @ 2.178
TP3= @ 2.317
TP4= @ 2.487
TP5= @ 2.675
SL= Break below S2
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There is a possibility for the beginning of an uptrend in KNCETHTechnical 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 on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0014300)
Ending of entry zone (0.0012800)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0017200
TP2= @ 0.0018500
TP3= @ 0.0020730
TP4= @ 0.0022500
TP5= @ 0.0026100
TP6= @ 0.0028500
TP7= @ 0.0032100
TP8= @ 0.0038200
TP9= @ 0.0045100
TP10= @ 0.0053910
TP11= Free
There is a possibility for the beginning of an uptrend in KNCBTCTechnical 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 support zone (0.000064 to 0.000054), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000064)
Ending of entry zone (0.000054)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00008680
TP2= @ 0.00010000
TP3= @ 0.00011750
TP4= @ 0.00013140
TP5= @ 0.00015900
TP6= @ 0.00018700
TP7= @ 0.00020600
TP8= @ 0.00023530
TP9= @ 0.00027380
TP10= @ 0.00033470
TP11= @ 0.00044000
TP12= Free
There is a possibility for the beginning of an uptrend in KNCETHTechnical 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 short-term targets.
Beginning of entry zone (0.0016800)
Ending of entry zone (0.0015200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0018500
TP2= @ 0.0020730
TP3= @ 0.0022940
TP4= @ 0.0026110
TP5= @ 0.0028860
TP6= @ 0.0032100
TP7= @ 0.0038420
TP8= @ 0.0045230
TP9= @ 0.0053910
TP10= Free
There is a possibility for the beginning of an uptrend in KNCBTCTechnical 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 retracement to suggested support zone (0.00006300 to 0.00005040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00006300)
Ending of entry zone (0.00005040)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00008680
TP2= @ 0.00010000
TP3= @ 0.00011750
TP4= @ 0.00013140
TP5= @ 0.00015900
TP6= @ 0.00018700
TP7= @ 0.00020600
TP8= @ 0.00023530
TP9= @ 0.00027380
TP10= @ 0.00033470
TP11= @ 0.00044000
TP12= Free
There is a possibility for the beginning of an uptrend in KNCETHTechnical 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 possibility of temporary retracement to suggested support zone (0.0018800 to 0.0017080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0018800)
Ending of entry zone (0.0017080)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0020730
TP2= @ 0.0022940
TP3= @ 0.0026110
TP4= @ 0.0028860
TP5= @ 0.0032100
TP6= @ 0.0041230
TP7= @ 0.0045230
TP8= @ 0.0053910
TP9= Free
A trading opportunity to buy in KNCUSDTechnical 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 have already opened 8 BUY trade(s) @ 0.96826459 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (0.9608 to 0.7076).
Beginning of entry zone (0.9608)
Ending of entry zone (0.7076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1608
TP2= @ 1.4954
TP3= @ 1.8088
TP4= @ 2.4892
TP5= @ 3.0399
TP6= @ 3.5879
TP7= @ 5.3674
TP8= Free
There is a possibility for the beginning of uptrend in KNCBTCTechnical 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 support zone (0.000130 to 0.000109). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000130)
Ending of entry zone (0.000109)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000161
TP2= @ 0.000187
TP3= @ 0.000207
TP4= @ 0.000235
TP5= @ 0.000274
TP6= @ 0.000313
TP7= @ 0.000369
TP8= @ 0.000440
TP9= Free
There is a trading opportunity to buy in Kyber Network...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 support zone (0.000187 to 0.000154). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000187)
Ending of entry zone (0.000154)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000235
TP2= @ 0.000274
TP3= @ 0.000313
TP4= @ 0.000369
TP5= @ 0.000440
TP6= Free
There is possibility for the resumption of uptrend in KNCETHTechnical 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 Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00233)
. Ending of entry zone (0.00167)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00280
TP2= @ 0.00321
TP3= @ 0.00416
TP4= @ 0.00472
TP5= @ 0.00715
TP6= Free
Kyber Network would probably resume its uptrend againTechnical 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 Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (1.4325)
. Ending of entry zone (0.7844)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9035
TP2= @ 2.3837
TP3= @ 3.0162
TP4= @ 4.1617
TP5= @ 5.3674
TP6= Free
A good opportunity to buy in KNCBTC , Don't miss it.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)
Ending of entry zone (0.000187)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000274
TP2= @ 0.000313
TP3= @ 0.000369
TP4= @ 0.000440
TP5= Free