KYBER NETWORK CRYSTAL - KNC/USDT
KYBER NETWORK CRYSTAL - KNC/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: KNCUSDT
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KYBER NETWORK CRYSTAL - KNC/USDT - Daily - Technical analysis published on 07/08/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 1.56 USDT
My targets
2.08 USDT (+28.88%)
2.50 USDT (+54.97%)
My analysis
The bullish trend is currently very strong on KYBER NETWORK - KNC/USDT. As long as the price remains above the support at 1.56 USDT, you could try to benefit from the boom. The first bullish objective is located at 2.08 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.50 USDT as an objective. Crossing it would then enable buyers to target 2.77 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The KYBER NETWORK - KNC/USDT rating is 1.61 USDT. The price registered an increase of +1.26% on the session and was between 1.58 USDT and 1.67 USDT. This implies that the price is at +1.90% from its lowest and at -3.59% from its highest.

1.58
1.67
1.61

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of KYBER NETWORK - KNC/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 10 are bullish, 4 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : Daily


Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.80 1.07 1.29 1.61 2.77 5.33
Change (%) -50.31% -33.54% -19.88% - +72.05% +231.06%
Change -0.81 -0.54 -0.32 - +1.16 +3.72
Level Major Major Major - Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.130.140.150.160.170.180.18
Camarilla0.150.160.160.160.160.160.16
Woodie0.130.140.150.160.170.180.18
Fibonacci0.140.150.150.160.170.170.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.210.631.141.562.082.503.01
Camarilla1.401.481.571.661.741.831.91
Woodie0.250.651.191.582.122.523.06
Fibonacci0.630.981.201.561.922.142.50


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.090.621.100.641.120.651.14
Camarilla1.581.581.581.591.591.591.59
Woodie1.560.861.580.871.590.891.61
Fibonacci0.620.630.630.640.640.650.65

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 55.24
MACD (12,26,9): 0.0800
Directional Movement: 13.83
AROON (14): -35.72
DEMA (21): 1.41
Parabolic SAR (0,02-0,02-0,2): 1.94
Elder Ray (13): 0.29
Super Trend (3,10): 0.37
Zig ZAG (10): 1.61
VORTEX (21): 1.0600
Stochastique (14,3,5): 46.39
TEMA (21): 1.38
Williams %R (14): -20.67
Chande Momentum Oscillator (20): 0.54
Repulse (5,40,3): -7.3300
ROCnROLL: 1
TRIX (15,9): 1.5300
Courbe Coppock: 31.84
MA7: 1.45
MA20: 1.30
MA50: 1.04
MA100: 0.80
MAexp7: 1.31
MAexp20: 1.29
MAexp50: 1.10
MAexp100: 0.90
Price / MA7: +11.03%
Price / MA20: +23.85%
Price / MA50: +54.81%
Price / MA100: +101.25%
Price / MAexp7: +22.90%
Price / MAexp20: +24.81%
Price / MAexp50: +46.36%
Price / MAexp100: +78.89%

Quotes : 2020-07-08 10:06:51 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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