#KCS/USDT#KCS
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 7.40
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the Moving Average 100
Entry price 8.00
First target 8.57
Second target 9.14
Third target 9.84
Kcs
KCS - Strong Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 KCS has been overall bearish , trading within the falling channel in blue.
However, KCS is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong support - the lower bound of its range.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #KCS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS/USDT Gearing up for a Rally to $20? 👀🚀KCS Breakout Alert💎Paradisers, turn your attention to #KCSUSDT, as it finds itself in a demand zone, poised for a significant bullish jump.
💎Currently, #KuCoinToken is charting an upward course, hinting at a bullish pattern near the $13.2 support area. It's following an ascending channel pattern, with a consistent respect for the channel's support seen in two instances. Maintaining momentum at this critical point could lead to a dynamic bullish surge toward the higher supply zone at $21.
💎On the flip side, if #KCS struggles to keep up its bullish posture at the $13.2 mark, a reevaluation of our strategy might be in order. This could lead us to anticipate a bullish push from a slightly lower demand level at $9.99.
💎Staying alert to these market developments is crucial, as a dip below this threshold might call for a recalibration of our tactics, especially if there are hindrances in preserving the bullish trend within the #KCS market.
KuCoin (KCS) Kucoin price today is $8 with a 24 hour trading volume of 25 million dollar. KCS price is up 18% in the last 24 hours
KCS is the native token of KuCoin, which was launched back in 2017 as a profit sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin's decentralized financial services as well as the governance token of the KuCoin community in the future.
6 is huge buy zone for KCS and every time we reach this level we face huge demand and support from bulls
8, 9 and 10 are next targets for kcs
KCS/USDT Bullish Momentum Building from Demand Zone? 👀🚀kcs💎 Paradisers, direct your focus to #KCSUSDT, as it's currently positioned within a demand zone, indicating readiness for a notable bullish leap.
💎 At present, #KuCoinToken is on an upward trajectory, signaling a bullish trend near the demand level of $9.251. Interestingly, it has adhered to a descending channel pattern, respecting the channel's resistance on two occasions. Should the price continue to uphold its momentum at this juncture, we anticipate a vigorous bullish advance targeting the elevated supply zone at $15.06.
💎 Conversely, if #KCS faces challenges in maintaining its bullish stance at the $9.251 demand level, we may need to reconsider our approach. Such a scenario would prompt us to eye a bullish movement from a marginally lower demand level at $8.333.
💎 It's essential to remain vigilant to these shifts, as breaching below this level could necessitate a strategic pivot, particularly in the face of obstacles to sustaining bullish momentum in the #KCS market.
📈 🚀KCS/USDT Potential $100 Target. 15X form cmp🚀
#KCS emerges as a top pick for accumulating during potential market dips. Recent shifts in Binance leadership and the entry of major players like Blackrock into crypto hint at a redistribution of trading volume, favoring KuCoin as a go-to for small-cap coin trading.
Conservatively targeting $70 to $100+ for KCS in the next two years. Optimal entry at $5.2 to $6.2—keep a strategic mindset, and tolerate short-term downturns for 10-20x gains.
The monthly trajectory check reveals a convergence of around $100, synced with halving dates. Brace for a 50% diminishing returns twist this time.
DYOR, NFA.
#KuCoin
🔥 KuCoin Token Falling Wedge BreakoutKCS has been falling ever since the 2021 top. However, things seem to have changed for the better. KCS has experienced the most bullish price action since November 2021.
With this bullishness, the price broke out of a falling wedge. My expectation is that this price action will continue in the long-term. Target at 20$.
KCS Roadmap (scary)Before anything else, pay attention to the time frame of the analysis, the time frame is weekly.
Many fans of the Kucoin exchange are holders of the KCS coin of this exchange.
Today I had a review and wave count on KCS and I thought to myself that it is worth sharing this review.
Examining the waves, I noticed two nested triangles forming in the KCS.
Now it looks like we are forming a wave d from the big C on the weekly time frame.
KCS road map should be like this.
You have to do the final research and decide for yourself.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🔥 KuCoin Token Will Fall: Ideal Entry Point SpottedKCS has been in a very steady downtrend ever since the 2022 top. My view is that KCS will see more downwards pressure over the next coming months. Remember that KCS has steadily been losing value during 2023 and is currently trading around 30% lower than its value on January 1st 2023, which is a bearish outlier.
For now, we can see an oversold bounce towards the top purple trendline. However, I'm anticipating a rejection and more shorting to occur around that area.
Ideally, KCS will move all the way down towards the bottom purple support. From there I'm willing to consider an entry with a 25$ target. This trade has a risk-reward of a 45, which is incredibly good.
🔥 KuCoin Token 2-Year Falling Wedge: Patience!If you enjoy this analysis, please give it a like and a follow.
KCS has been falling since late 2021. The token held up fine initially, but the real pain started after April 2022 where it started trading a lot weaker compared to Bitcoin and BNB.
This prolonged period of bearishness and relative weakness has most likely to do with drying up volume on all exchanges, small exchanges especially.
Nevertheless, there might be a light at the end of this dark tunnel. Falling wedges are classically bullish reversal patterns, so we are looking for a break out in the next few months.
KCS is not ready for a break out yet. I think we still have to trade within this pattern for a couple of months before a real break out can happen. Will come back to this trade by then.
For now, I think we can (in the long-term) move back to the all-time high around 28$. This, combined with a stop below the pattern's support will lead to a great risk-reward trade.
KCS in the purchase zone !!!Global Purchase Zone 5.495-3.224
Purchase level 4.390
Local purchase zone 6.007-4.221
Purchase level 5.178
Sweet shopping zone 5.489-4.535
The purchase level is 4.989 !!!
The volume price is 4.928 !!!
Do not forget, this is an exchange token. With its price, they can do anything!!!
The control zones have worked out normally.
KCSUSDT Enormous buy opportunityThe KuCoin Token / KCSUSDT is on an incredibly bullish 1day candle today.
The price is rebounding after the 1day RSI dropped below the insanely oversold limit of 15.00 on Sunday.
The first target of this first bullish wave is the Falling Resistance and Resistance A cluster at 7.500.
After it breaks above the 1day MA100 as well, buy again and target all Resistance levels up to 9.745, which is our long term target.
Follow us, like the idea and leave a comment below!!
Descending Path Ahead, Support Levels BeckonThe KCS currency has exhibited a consistent downward trajectory over the previous month, having breached the support levels within the range of $7.93 to $7.65. Consequently, the currency is currently declining towards the lower support range of $6.90 to $6.60. Notably, the price remains confined within the primary descending channel, indicating a prevailing downward trend across various time frames. To illustrate this, a minor support level has been depicted on the chart, and should a positive response materialize within this range, it may indicate a potential corrective wave within the overall downtrend. This corrective wave could potentially extend towards the resistance zone around $7.40. However, ultimately, a continued descent towards the anticipated support level of $7 is anticipated.
KCS - Wait For The Bulls! ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
KCS is currently stuck inside a range in the shape of a rising broadening wedge pattern in red.
Now KCS is approaching the lower bound of the range.
As per my trading style:
As KCS approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 Long-Term
For the bulls to over from a long-term perspective, we need a break above the range upward.
Which scenario do you think is more probable and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Long-Term View! 🔍Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for buy setups around the 5-6 support zone.
KCS rejected the 6.0 support zone and traded higher.
🏹 For the bulls to take over long-term , we need a break above the last weekly major high in gray around 11.5
Meanwhile, if KCS retests the 6-7 support again, we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
✴️ KuCoin Token, Good To Know (Name Your Altcoin #58)It is important if you are into reading Cryptocurrency charts to know what the exchanges tokens are doing, since these represent the health of the market.
While the entire market follows the same cycle, there are some variations and different signals can be extracted from different charts.
Still, what one does the rest follows.
If Bitcoin grows, everything grows.
If a set of random Altcoins breakout before the rest, example Dogecoin and Litecoin last year, the rest of the market will also do the same (as it is happening now).
In a way, you only need a few conventional charts, a few crypto charts and you can figure out in which phase of the market we are at.
With this information at hand you can easily decide what to do next or, if you are reading charts, you have a bias that is more likely to be right than to fail.
The truth?
People mostly care only about "their coin", their pair, what they are holding and they won't be digging as much as we do.
So everybody wants to know specifically what their pair is doing or maybe even just receive a confirmation would be enough to calm those doubts or just to know that there are others with the same view, as us.
(How's my grammar? Not good I am guessing...)
KuCoin Token | Many Bullish Signals... Good To Know!
A giant vs an ant.
I am the ant and they hit me in retaliation... Ouch!
I get it, you win!
I have to give up fast, they can decide to step on me and crush me to death.
Ok, the signals.
1) Major downtrend broken = bullish.
2) Trading above June 2022 low = bullish.
3) November lower low recovered in January = bullish.
4) Trading above EMA10 weekly ($8.28) = bullish.
5) MACD trending up with green histogram = bullish.
6) Weekly RSI above 50 = strongly bullish.
The potential targets are on the chart.
It is not about being right or being wrong.
It is all about your goals and having the right strategy or plan to achieve them.
Some we win, some we lose.
That's the game.
Get used to it.
Namaste.
KuCoin Token #KCSWhat Is KuCoin Token (KCS)?
KCS is the native token of KuCoin, which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin's decentralized financial services as well as the governance token of the KuCoin community in the future.