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
Kybernetworketh
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 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
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
