KYBER NETWORK CRYSTAL - KNC/USDT - 1H - Technical analysis published on 09/24/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 1.28 USDT
My targets
1.18 USDT (-3.28%)
1.01 USDT (-17.46%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.28 USDT remains possible. It is advisable to trade KYBER NETWORK CRYSTAL V2 - KNC/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.28 USDT. The next bearish objective for sellers is set at 1.18 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.01 USDT. In case of crossing, the next objective would be the support located at 0.79 USDT. PS: if there is a bullish break in the resistance located at 1.28 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.2
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Additional analysis
Quotes
KYBER NETWORK CRYSTAL V2 - KNC/USDT rating 1.22 USDT. The price has increased by +0.00% since the last closing and was traded between 1.20 USDT and 1.23 USDT over the period. The price is currently at +1.67% from its lowest and -0.81% from its highest.1.20
1.23
1.22
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of KYBER NETWORK CRYSTAL V2 - KNC/USDT in 1H shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.39 | 0.79 | 1.18 | 1.22 | 1.28 | 1.46 | 1.88 |
| Change (%) | -68.03% | -35.25% | -3.28% | - | +4.92% | +19.67% | +54.10% |
| Change | -0.83 | -0.43 | -0.04 | - | +0.06 | +0.24 | +0.66 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Major |
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 | 1.07 | 1.12 | 1.17 | 1.22 | 1.27 | 1.32 | 1.37 |
| Camarilla | 1.19 | 1.20 | 1.21 | 1.22 | 1.23 | 1.24 | 1.25 |
| Woodie | 1.07 | 1.12 | 1.17 | 1.22 | 1.27 | 1.32 | 1.37 |
| Fibonacci | 1.12 | 1.16 | 1.18 | 1.22 | 1.26 | 1.28 | 1.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.54 | 1.68 | 1.80 | 1.94 | 2.06 | 2.20 | 2.32 |
| Camarilla | 1.84 | 1.86 | 1.89 | 1.91 | 1.93 | 1.96 | 1.98 |
| Woodie | 1.52 | 1.68 | 1.78 | 1.94 | 2.04 | 2.20 | 2.30 |
| Fibonacci | 1.68 | 1.78 | 1.84 | 1.94 | 2.04 | 2.10 | 2.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.24 | 1.49 | 1.72 | 1.97 | 2.20 | 2.45 |
| Camarilla | 1.60 | 1.64 | 1.69 | 1.73 | 1.77 | 1.82 | 1.86 |
| Woodie | 1.01 | 1.25 | 1.49 | 1.73 | 1.97 | 2.21 | 2.45 |
| Fibonacci | 1.24 | 1.43 | 1.54 | 1.72 | 1.91 | 2.02 | 2.20 |
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): | 54.78 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.27 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 1.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.20 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.23 | |
| Zig ZAG (10): | 1.22 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 71.43 | |
| TEMA (21): | 1.22 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.5400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.29 |
| MA7: | 1.30 | |
| MA20: | 1.67 | |
| MA50: | 1.70 | |
| MA100: | 1.55 | |
| MAexp7: | 1.22 | |
| MAexp20: | 1.21 | |
| MAexp50: | 1.23 | |
| MAexp100: | 1.28 | |
| Price / MA7: | -6.15% | |
| Price / MA20: | -26.95% | |
| Price / MA50: | -28.24% | |
| Price / MA100: | -21.29% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.83% | |
| Price / MAexp50: | -0.81% | |
| Price / MAexp100: | -4.69% |
Quotes :
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Real time data
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