KCS: where it might go
Updated
Current interest on the bulflag, and prior levels 
Good catalysts and fomo last severa days over KCS because of KuCoin launching a defi platform similar to BSC where the native token asset is used for swaps. launch was smooth and the proversion has charting setup. in comparison to uniswap or bsc, third party tools were required to do these types of charting that are available from the get go; i find that highly convenient in ways.
Still, first past the posts in the defi space have been 95% scams and familiar rugs even with identical names. giving it a weekend to blow off the top of the scammer fomo degen season, and i think that hodling kcs for more appropriate projects will win 90% of the potential moonshot scams for the immediate to short term.
not putting expectations, however, KCS may grant a similar opportunity for scaling as did BSC as a competitor to ETH fees; whereas the main advantage this time around similarities to august 2020 defi on uniswap, and that this is one of the few bullish startups in an overal cowardly market setting.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Good catalysts and fomo last severa days over KCS because of KuCoin launching a defi platform similar to BSC where the native token asset is used for swaps. launch was smooth and the proversion has charting setup. in comparison to uniswap or bsc, third party tools were required to do these types of charting that are available from the get go; i find that highly convenient in ways.
Still, first past the posts in the defi space have been 95% scams and familiar rugs even with identical names. giving it a weekend to blow off the top of the scammer fomo degen season, and i think that hodling kcs for more appropriate projects will win 90% of the potential moonshot scams for the immediate to short term.
not putting expectations, however, KCS may grant a similar opportunity for scaling as did BSC as a competitor to ETH fees; whereas the main advantage this time around similarities to august 2020 defi on uniswap, and that this is one of the few bullish startups in an overal cowardly market setting.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Note
staying mindful of the white line gap on higher timeframes; depends on short term momentum.Note
alert went off; getting close to white lineNote
seems to be circulating idea that KCS is loaded with PNDs and that hte daily transaction volume capped at around 200k~~ and has since fallen off a cliff.could the fomo gold rush be over that quick and turned kcs into a tron-like scamchain?
Note
been watching this structure form. missed alot of profitable swings in the last 24hr, but remain hopeful for a good snag at deep value areas.
still holding out for a 9.5 price target entry or so
Order cancelled
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.