KYBER NETWORK CRYSTAL V2 (X10) - KNC/BTC - Daily - Technical analysis published on 01/07/2020 (GMT)
- 259
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.000291 BTC
My targets
0.000225 BTC (-9.64%)
0.000186 BTC (-25.30%)
My analysis
The strong short-term decline in KYBER NETWORK (X10) - KNC/BTC calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.000291 BTC, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.000225 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.000186 BTC as an objective. Crossing it would then enable sellers to target 0.000135 BTC. Be careful, a return to above 0.000291 BTC could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
0.9
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 a1td. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KYBER NETWORK (X10) - KNC/BTC rating 0.000249 BTC. The price registered a decrease of -10.11% on the session and was traded between 0.000246 BTC and 0.000279 BTC over the period. The price is currently at +1.22% from its lowest and -10.75% from its highest.0.000246
0.000279
0.000249
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 KYBER NETWORK (X10) - KNC/BTC in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 0.000186 | 0.000225 | 0.000245 | 0.000249 | 0.000308 | 0.000332 | 0.000352 |
| Change (%) | -25.30% | -9.64% | -1.61% | - | +23.69% | +33.33% | +41.37% |
| Change | -0.000063 | -0.000024 | -0.000004 | - | +0.000059 | +0.000083 | +0.000103 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Intermediate |
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 | 0.000238 | 0.000258 | 0.000267 | 0.000287 | 0.000296 | 0.000316 | 0.000325 |
| Camarilla | 0.000269 | 0.000272 | 0.000274 | 0.000277 | 0.000280 | 0.000282 | 0.000285 |
| Woodie | 0.000234 | 0.000255 | 0.000263 | 0.000284 | 0.000292 | 0.000313 | 0.000321 |
| Fibonacci | 0.000258 | 0.000269 | 0.000276 | 0.000287 | 0.000298 | 0.000305 | 0.000316 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000209 | 0.000227 | 0.000248 | 0.000266 | 0.000287 | 0.000305 | 0.000326 |
| Camarilla | 0.000259 | 0.000263 | 0.000266 | 0.000270 | 0.000274 | 0.000277 | 0.000281 |
| Woodie | 0.000212 | 0.000228 | 0.000251 | 0.000267 | 0.000290 | 0.000306 | 0.000329 |
| Fibonacci | 0.000227 | 0.000242 | 0.000251 | 0.000266 | 0.000281 | 0.000290 | 0.000305 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000065 | 0.000151 | 0.000205 | 0.000291 | 0.000345 | 0.000431 | 0.000485 |
| Camarilla | 0.000220 | 0.000232 | 0.000245 | 0.000258 | 0.000271 | 0.000284 | 0.000297 |
| Woodie | 0.000048 | 0.000143 | 0.000188 | 0.000283 | 0.000328 | 0.000423 | 0.000468 |
| Fibonacci | 0.000151 | 0.000205 | 0.000238 | 0.000291 | 0.000345 | 0.000378 | 0.000431 |
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): | 43.41 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.446020 | |
| AROON (14): | 71.428568 | |
| DEMA (21): | 0.000266 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000306 | |
| Elder Ray (13): | -0.000004 | |
| Super Trend (3,10): | 0.000306 | |
| Zig ZAG (10): | 0.000248 | |
| VORTEX (21): | 0.8655 | |
| Stochastique (14,3,5): | 51.82 | |
| TEMA (21): | 0.000261 | |
| Williams %R (14): | -87.88 | |
| Chande Momentum Oscillator (20): | 0.000001 | |
| Repulse (5,40,3): | -17.3658 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0815 | |
| Courbe Coppock: | 5.24 |
| MA7: | 0.000269 | |
| MA20: | 0.000261 | |
| MA50: | 0.000263 | |
| MA100: | 0.000238 | |
| MAexp7: | 0.000267 | |
| MAexp20: | 0.000267 | |
| MAexp50: | 0.000259 | |
| MAexp100: | 0.000246 | |
| Price / MA7: | -7.43% | |
| Price / MA20: | -4.60% | |
| Price / MA50: | -5.32% | |
| Price / MA100: | +4.62% | |
| Price / MAexp7: | -6.74% | |
| Price / MAexp20: | -6.74% | |
| Price / MAexp50: | -3.86% | |
| Price / MAexp100: | +1.22% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis KYBER NETWORK CRYSTAL V2 (X10) - KNC/BTC - Daily