KYBER NETWORK CRYSTAL V2 - KNC/USDT - 1H - Technical analysis published on 04/16/2024 (GMT)
- 79
- 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 : 1H
- - Analysis generated on
- Status : INVALID
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
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 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 :
-
Real time data
-
Cryptocompare
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 - KNC/USDT - 1H