KYBER NETWORK CRYSTAL - KNC/USDT - 1H - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 0.567241 USDT
My targets
0.472659 USDT (-15.97%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on KYBER NETWORK CRYSTAL V2 - KNC/USDT as long as the price remains well below 0.567241 USDT. The sellers' bearish objective is set at 0.472659 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KYBER NETWORK CRYSTAL V2 - KNC/USDT rating is 0.562495 USDT. The price is lower by -1.01% since the last closing and was traded between 0.556431 USDT and 0.582884 USDT over the period. The price is currently at +1.09% from its lowest and -3.50% from its highest.0.556431
0.582884
0.562495
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KYBER NETWORK CRYSTAL V2 - KNC/USDT:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of KYBER NETWORK CRYSTAL V2 - KNC/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.472659 | 0.562495 | 0.567241 | 0.604248 | 0.642833 |
| Change (%) | -15.97% | - | +0.84% | +7.42% | +14.28% |
| Change | -0.089836 | - | +0.004746 | +0.041753 | +0.080338 |
| Level | Major | - | Major | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.478959 | 0.511421 | 0.539823 | 0.572285 | 0.600687 | 0.633149 | 0.661551 |
| Camarilla | 0.551487 | 0.557067 | 0.562646 | 0.568225 | 0.573804 | 0.579383 | 0.584963 |
| Woodie | 0.476929 | 0.510406 | 0.537793 | 0.571270 | 0.598657 | 0.632134 | 0.659521 |
| Fibonacci | 0.511421 | 0.534671 | 0.549035 | 0.572285 | 0.595535 | 0.609899 | 0.633149 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039905 | 0.250614 | 0.388455 | 0.599164 | 0.737005 | 0.947714 | 1.085555 |
| Camarilla | 0.430446 | 0.462396 | 0.494347 | 0.526297 | 0.558247 | 0.590198 | 0.622148 |
| Woodie | 0.003472 | 0.232397 | 0.352022 | 0.580947 | 0.700572 | 0.929497 | 1.049122 |
| Fibonacci | 0.250614 | 0.383760 | 0.466018 | 0.599164 | 0.732310 | 0.814568 | 0.947714 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.183478 | 0.423806 | 0.657828 | 0.898156 | 1.132178 | 1.372506 | 1.606528 |
| Camarilla | 0.761404 | 0.804886 | 0.848368 | 0.891850 | 0.935332 | 0.978814 | 1.022296 |
| Woodie | 0.180325 | 0.422230 | 0.654675 | 0.896580 | 1.129025 | 1.370930 | 1.603375 |
| Fibonacci | 0.423806 | 0.605008 | 0.716954 | 0.898156 | 1.079358 | 1.191304 | 1.372506 |
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): | 48.23 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -4.955734 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.569524 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.545427 | |
| Elder Ray (13): | 0.001821 | |
| Super Trend (3,10): | 0.602222 | |
| Zig ZAG (10): | 0.566431 | |
| VORTEX (21): | 0.9734 | |
| Stochastique (14,3,5): | 42.68 | |
| TEMA (21): | 0.567043 | |
| Williams %R (14): | -60.10 | |
| Chande Momentum Oscillator (20): | -0.015983 | |
| Repulse (5,40,3): | -1.6246 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0140 | |
| Courbe Coppock: | 8.41 |
| MA7: | 0.626634 | |
| MA20: | 0.740795 | |
| MA50: | 0.808363 | |
| MA100: | 0.716833 | |
| MAexp7: | 0.566692 | |
| MAexp20: | 0.571647 | |
| MAexp50: | 0.578225 | |
| MAexp100: | 0.606845 | |
| Price / MA7: | -10.24% | |
| Price / MA20: | -24.07% | |
| Price / MA50: | -30.42% | |
| Price / MA100: | -21.53% | |
| Price / MAexp7: | -0.74% | |
| Price / MAexp20: | -1.60% | |
| Price / MAexp50: | -2.72% | |
| Price / MAexp100: | -7.31% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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