KYBER NETWORK CRYSTAL - KNC/USDT - 1H - Technical analysis published on 08/05/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 1.53 USDT
My targets
1.67 USDT (+4.38%)
1.74 USDT (+8.75%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on KYBER NETWORK - KNC/USDT. As long as you are above the support located at 1.53 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.67 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.74 USDT as an objective. Crossing it would then enable buyers to target 1.88 USDT. If the support 1.53 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KYBER NETWORK - KNC/USDT rating is 1.60 USDT. The price is lower by -2.44% since the last closing and was traded between 1.59 USDT and 1.66 USDT over the period. The price is currently at +0.63% from its lowest and -3.61% from its highest.1.59
1.66
1.60
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of KYBER NETWORK - KNC/USDT indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.44 | 1.52 | 1.60 | 1.60 | 1.67 | 1.74 | 1.88 |
| Change (%) | -10.00% | -5.00% | 0% | - | +4.38% | +8.75% | +17.50% |
| Change | -0.16 | -0.08 | 0 | - | +0.07 | +0.14 | +0.28 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.41 | 1.47 | 1.55 | 1.61 | 1.69 | 1.75 | 1.83 |
| Camarilla | 1.60 | 1.61 | 1.63 | 1.64 | 1.65 | 1.67 | 1.68 |
| Woodie | 1.43 | 1.48 | 1.57 | 1.62 | 1.71 | 1.76 | 1.85 |
| Fibonacci | 1.47 | 1.52 | 1.55 | 1.61 | 1.66 | 1.69 | 1.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 1.18 | 1.40 | 1.53 | 1.75 | 1.88 | 2.10 |
| Camarilla | 1.53 | 1.57 | 1.60 | 1.63 | 1.66 | 1.69 | 1.73 |
| Woodie | 1.11 | 1.20 | 1.46 | 1.55 | 1.81 | 1.90 | 2.16 |
| Fibonacci | 1.18 | 1.31 | 1.39 | 1.53 | 1.66 | 1.74 | 1.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.59 | 0.86 | 1.24 | 1.51 | 1.89 | 2.16 | 2.54 |
| Camarilla | 1.45 | 1.51 | 1.57 | 1.63 | 1.69 | 1.75 | 1.81 |
| Woodie | 0.66 | 0.89 | 1.31 | 1.54 | 1.96 | 2.19 | 2.61 |
| Fibonacci | 0.86 | 1.11 | 1.26 | 1.51 | 1.76 | 1.91 | 2.16 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.87 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 13.98 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 1.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.59 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.58 | |
| Zig ZAG (10): | 1.61 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 34.55 | |
| TEMA (21): | 1.62 | |
| Williams %R (14): | -47.95 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 1.55 |
| MA7: | 1.60 | |
| MA20: | 1.43 | |
| MA50: | 1.48 | |
| MA100: | 1.96 | |
| MAexp7: | 1.61 | |
| MAexp20: | 1.60 | |
| MAexp50: | 1.59 | |
| MAexp100: | 1.58 | |
| Price / MA7: | -0% | |
| Price / MA20: | +11.89% | |
| Price / MA50: | +8.11% | |
| Price / MA100: | -18.37% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +1.27% |
Quotes :
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Real time data
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