KCSBTC
KCS/BTC Kucoin share 500% potential from here..?#KCS/BTC TA Update:-
#KCS currently trading at 8700 Satoshi.
According to TA looking good for fresh entry.
Because currently trading at support level.
Support 1 is very strong support so I can expect big move from here.
Entry:- 0.0000800-0.0000870 BTC
Targets:- 1748/3143/4615 Satoshi
I can expect #KCS also will hit new all time high soon.
Because this is also exchange token.
If support 1 break down then New entry will be 200-300 Satoshi so keep an eye on this level.
Red Support line is very important line.
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KCS - it's just getting started !!I notice big inflows of capital into exchanges tokens (Binance, Huobi, KuCoin, ...).
I think investors are definitely sniffing a bull market and position themselves in these cash cows that are exchanges.
I chose the token that is well positioned to receive retail and institutional traders, with a steady growth history,
that gives back 90% of profits in the form of dividends !
I bought when price came back into the wedge (after a false break out) at the moment of the back test of support.
Price is already up huge !
However things are just getting started !!
KCS - I am buying !!It may be a little soon but at the end of 2020 the RSI reached such an oversold level (most oversold in history)
that I could not resist this opportunity.
The breakdown that occurred out of the bullish wedge could be what I name a "Gräddish" false break down !!
In fact price already returned into the wedge (wedge against Bitcoin - so this pair signals real strength in KCS).
I am a buyer !!
Moreover, it is amazing what KCS is paying you in form of dividends !!
Look it up ! It is a really interesting Exchange project that pays you in % of trading fees of the exchange !!
KCS pays you in KCS on a daily basis !
With an initial investment of 3000 USD (which is now worth already 4500 USD) this exchange pays me about 2.50 USD per day (that's 900 USD per year) !!
.... and there is plenty of upside in token appreciation AND exchange volume (=more fees).
Look it up !
... and if you want to support my work by using my referral link, here it is: www.kucoin.com
KCS Breaks Descending Wedge and Successful RetestThis breakout and retest can be a perfect scenario before a continuation up to new local highs. The invalidation is moving back into this wedge or an initial break up and moving back below 1.15.
I like the long opportunity here for KCS with a ton of upside. Potential 10x mover here.
$KCSBTC it is like a bottom triangle $KCSBTC it is like a bottom triangle
The KuCoin Exchange opened for cryptocurrency trading in September 2017. The KuCoin Exchange places an emphasis on the quality of the projects listed based on a research department that scours the blockchain industry for quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.
Total Supply 100,000,000
Circulating Supply 3,810,000
KCS/BTC 3D (KuCoin) Descending channels near strong supportTA: KuCoin Share is on support and should resume the uptrend this year, it's a mid/long-term call.
FA: This is the official token of the exchange KuCoin.com and you can stake it in Pool-x.io from 200 KCS at 8% (APR).
Current Price= 0.00009984
Buy Entry= 0.00009996 -0.00008696
Take Profit= 0.00016060 | 0.0001690 | 0.0002224
Stop Loss= 0.00005989
Risk/Reward= 1:2 | 1:3.24 | 1:6.69
Expected Profit= 71.84% | 116.55% | 240.40%
Possible Loss= -35.92%
Fib. Retracement= 0.382 | 0.618 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3600h