KCS About to Fall? Maximize Profit with This Chart Analysis!KCS is falling out of the bull channel and below the 30EMA, leading us to believe the bull run is over and a reversal is about to begin. Do we have the supporting data to enter a short now?
How do we trade this?
Shorting at this very moment is premature. You *could* short now and put a tight stop loss in which gives you more room for profit, but reduced probability since we're lacking confirmation of a reversal. We do have an extended trading range behind us, which is an indication that the price couldn't break resistance and is in fact, a reversal signal. But confirmation is always a wise choice to increase your probability of profit, even if you have to reduce your profit and increase your risk a bit.
A reasonable short would be to wait for this bear bar to close or at least, see the current 1HR bar close below its 200EMA. This gives you a 1:2 Risk/Reward ratio as shown in this analysis, shorting to the Previous High. It's reasonable to hold the entire position to the take profit, but you can also move your stop loss up at 1:1 Risk/Reward or take some partial profits since the macro trend is still bullish. Play this move with your trade management strategy.
Trade Idea
Short Entry: $7.50
Stop Loss: $8.05
Take Profit: $6.40
Risk/Reward Ratio: 1:2
Key Takeaways
1. Currently Testing Bull Channel Support.
2. Extended Trading Range, Reversal Signal.
3. Currently below the 30EMA, Wait for bar to close.
4. Gap to Previous High at $6.30
5. RSI below Moving Average and in a Downtrend. Bias to Short.
6. Wait for Bear Signal Bar for Confirmation to Short.
You are solely responsible for your trades, trade at your own risk!
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Kcsforecast
KCSUSDT 1d - our target $14Kucoin token has reached the important mark of $9 . In our previous forecast, the price of KCS was at a critical point, from which there was a high probability of a reversal and the formation of a new falling wave:
As we can see from the previous forecast, the previous red scenario worked and now is the time to buy KCS.
However, looking at the prospect of bitcoin continuing its wave of decline, we recommend dividing the amount of investment in the kucoin token into 2 parts: in the range of $9 and in the range of $7.5. In the case of the formation of the last wave of decline in the cryptocurrency market, you will get a good average price of $8.25.
KCSUSDT's first growth target remains near $14
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 1D Global view of possible KCS priceThe cryptocurrency market is currently at a crossroads.
Many players expect a sharp collapse, or even an update of the June 2022 lows
We are more cautious in such critical predictions
In our opinion, an increase in the KCSUSDT price to $11.24 in the near future is more than real.
And then a critical moment will come.
+ The blue scenario could trigger a super accelerated growth to $16.40
+ The red scenario will lead the KCS price to correction at near $9 with possible further growth to $14
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 12h Short-term long trade with tasty P/L ratioSince the publication of the idea of KCSUSDT last week, the KCS price has fallen a little short of its target.
However, we see an accumulation of forces above the $10.4 level for possible continuation of growth.
And taking into account the fact that we are also waiting for a price increase in the BTCUSDT pair
You can try a short-term long trade under the following conditions:
Entrance $10.56
Stop $10.294 (-2.5%)
Take profit $11.90 (+12.7%)
P/L ratio 5/1
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 6h Continuation of the rise of the KCS price to $11.24Last week, we suggested moving up the stop order to $9.91 to preserve +11% profit in the event of a market correction.
The correction of the crypto market took place, the stop should have worked.
But it turns out that the KCSUSDT price adjusted more weakly than the BTCUSDT price
So the conditions are now in place for continued growth KCS price to the target of $11.24.
From the current point, long is more risky.
But if the KCSUSD price breaks the triangle upwards and is fixed above $10.40, then 8% growth will become very likely.
Of course, everyone makes trading decisions personally related to his deposit and risks they are willing to take on their. We are just sharing here our view of the market
Have a nice weekend everyone
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 12h We expect KCS growth to continue, but...Today we updated the KCSUSDT, which we presented as a long medium-term trade
Our initial take profit target of $11.14 is still relevant at this time, because as we wrote yesterday in the BTCUSDT idea, there is a chance for another upward impulse
However, the crypto market is a volatile thing, so we recommend moving the stop of the position, in the area of $9.91
Such manipulation will allow you to save a part of the profit (near +11%) that is shining at the moment on the trade
Everyone have a nice, calm and profitable weekend)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 12h On chart pattern on the continuation of growthTwo weeks in a row, we publish entry points for medium-term long trades. The KCSUSDT trading pair was also lucky)
As of today, the KCS price has already passed half of the modest route.
It is unlikely that the KCSUSD price will fall below $9.70 in the coming days. Well, from there is a direct route to $11.14
If you are interested in our global goals for the Kucoin token price, then here you go:
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 12h Medium-term trade - our target $11Last week we posted the idea of a KCSUSDT trading pair on a large time frame to capture the overall picture of a falling channel.
They also we wrote about a possible reversal pattern and on the fractal, which the Kucoin token price could move.
However, the consolidation of the KCS price is delayed
The consolidation is likely to continue into a triangle before shooting up.
We can issue an order for the purchase of a medium-term long position under the following conditions:
Entrance 8,80-9,00
Stop 8,14
TP1 - 11,14
P/L ratio - 3/1
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 1D Entry points for medium-term tradesThe Kcsusdt price of continues to move along the falling channel and in its lower part.
The other day, the KCS price fell to a critical level of around 8 dollars, where it was the last time a year ago. And now buyers are trying to turn the Kcsusd price upwards together with the crypto market.
It is also valid to assume that a global trend reversal of the Kucoin token price movement can occur through "the Head and Shoulders pattern"
And also we found a fractal of the price movement, which fits into the possible movement of the KCS price with an H&S pattern.
Everyone has to decide individually where to buy KCS here.
From the bottom of the descending channel to the top +100% price movement.
The next safe long entry point is if and when the KCS price fix above $12. But the possible upward movement of the Kcsusdt price from there will be only +45%
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 1D Buys and sells zones for Kucoin TokenLast week, we wrote that the purchase KCS at $10 for long-term trade can be considered a profitable purchase.
The trade is relevant, and the possible reversal pattern "Head and Shoulders" is also relevant and possible.
If you missed last week's idea, today fate gives you another chance to buy KCSUSDT
Purchase zone $9.05-9.55
Short-term take profit - $12.55
Medium-term take profit -$17.40
Global and critical stop for all positions below $8.24
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
KCSUSDT 1D There are signs for start growingThe KCSUSDT price continues to move in the global falling channel. This channel can be interpreted as a global "bull flag"
The first signs of reversal pattern formation appeared on the graph.
We can assume that a reversible pattern, the "Head and Shoulders" will be formed. In the left shoulder the largest volumes, in the head despite the fact that the price has updated the minimum volumes have decreased. Further, according to the scheme there should be an increase in the KCS price on mediocre volumes, without strong resistance of sellers from above.
The first target from above + 80% at the intersection of the upper boundary of the falling channel and a strong mirror level $17.80
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
KCSUSDT 1D On the chart, the global "Bull flag"Looking at the schedule of the KCSUSDT, we clearly see that from the end of 2021 the price is in a trend of falling and clearly moves the channel down.
However, there was an interesting nuance recently. At this time, when the BTC and ETH was strongly updated the minimums, which were previously installed in the May fall, the price of KCS did not update minimum at least.
We bring to your attention a potential trade within the channel:
Entrance $11-11.50
Stop below $9.44
Take Profit $17.94
Profit/loss ratio 4/1
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT 1D Long-term investment #1At the beginning of the year, we have published a serial of ideas introduced an investment trade into token Kucoin KCS, with a weekly updating of our opinions about the KCSUSDT price movement, and how we manage the position
The result is the break-even stop for +2.5% that we received when the whole cryptomarket began to fall.
More detail what we have chosen this token for medium(long)-term investment and the last update of the idea below:
Further, we only do shot short trades, because the market went into the stage of correctional fall.
And the other day, we have released a global idea on BTCUSDT, which noted that in our opinion, the price is now in a critical zone from where a not bad grew could be organized. More in more detail in the idea below:
Therefore, we will try to restore the investment section in the KCS, and every week we will update the information how we manage the position.
Considering that we expect growth in BTCUSD pair is a big chance that the rest of the cryptocurrencies will be tightened up by the main trade couple.
The price of KCSUSDT has bounced very well after May fall and now, after a weak correction (which may indicate the power of buyers) tries to fix above the mirror level of $15.00
Therefore, given the above facts, we offer the following input data for a long -term position:
Entrance in the range of $15.25-15.75
Stop below $10.99
Take Profit in the area of $41.50
Profit/loss ratio 6/1
We expect that the summer can give a not bad wave of growth, of course, if there are no force Major.
So, if you are interested in this section: Put a like, write a comment and subscribe to us , and we will update the information every week how we manage this position and what we see new ones on the KCSUSDT chart.
#KCS/USDT 12Hr UPDATE !!Hello, dear traders welcome you to this KCS/USDT chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
KCS/USDT bullish cup and handle pattern create and retest buy the green zone and the dip.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
KCS 1D Step-by-step long-term investment #11We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +14% , but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
The stop on all position stay at $18,09, and now it is break-even stop +2,5%.
KCSUSD price is consolidating and moving in the growth channel, so we believe that good growth is still ahead.
The first growth target is $23.50, the second is $28.00
The third target we expect is $42.80.
Everyone decides for himself what kind of profit is enough for him)
We came across an updated white paper KCS , which was presented 10 days ago
It is freely available on the Internet, who is interested, can find and read.
We were most interested in the points that can significantly affect the token price of the Kucoin exchange:
1. Lock of 45% of coins for a period of 2 and 4 years. (90 million coins)
2. Burning of 10% of coins from the total issue (20 million coins)
The basic law of economics says: reducing the supply of goods on the market - increases its price.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #10The war in our country has made adjustments to the desire and ability to publish a weekly column on public investing in Kucoin token
However, we will try to please you more often with our analyses in the future.
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +19%, but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
We are moving the stop on all position up to $18,09, and now it is break-even stop +2,5%.
KCSUSD price is consolidating and moving in the growth channel, so we believe that good growth is still ahead.
The first growth target is $23.50, the second is $28.00 and it is quite realistic to take these targets on the next week.
The third target we expect is $42.80.
Everyone decides for himself what kind of profit is enough for him)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #9We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +14%, but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
We are moving the stop on the position up a little bit to $14.89 , and now it is -15.69%.
As we suggested in the previous idea, this week there was a correction in the crypto market. The price of the bitcoin went down, followed by all the alts.
But what is interesting, yesterday, when the price of BTCUSDT went down in a wave and updated the weekly minimum, the price of KCSUSD did not update the minimum, the buyers kept it on a dynamic green level.
If you look at the history of KCS trading, then after the price consolidate at this green level, it started a good growth.
The first target for the growth of $23.50 is +17% from the current price, which can already be a good result in a short period of time.
We are waiting for the second target of $34 and the third of $42.80
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #8We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +15%, but we do not fix this profit because it is a long-term investment.
Also, the stop on the position is still unchanged - $14.24 , because there is a possibility of price correction on the chart of BTCUSDT
It is very likely that there will also be a price correction on the KCSUSD chart.
If the correction will not be lower than $17.66 , then, firstly, it will indicate the super strength of the buyer and accordingly the prospects of a strong growth trend in the future. In that case, the take profit target will be shifted to $42.8.
Secondly, it will be a very tasty bargain for those who didn't manage to buy KCS.
If the correction goes lower than $17.66, but within the growth channel, that is - roughly speaking - higher than $15, then the fixation target for the long position will be about $34 for 1 KCS.
By the way, we drew a dynamic fibo growth channel on the chart, so that it was more clearly visible how the price moves up, taking into account the dynamic support and resistance levels.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #7We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
A week ago we have three orders opened, and now we have a long-term position with notional $900 with an average entry price of $17.66. At that time, the position was still loss-making, and we did not place a stop due to high volatility in the market.
Today the position shows +5%, and we can already put a logical stop on the position.
As can be seen on the chart, we have a trade with the following conditions:
Entry = $17.66.
Stop = $14.24
Take Profit 1 = $36
Profit/loss ratio = 5/1
On the one hand, you can say that the stop is large, perhaps, but the ratio of potential profit to loss is acceptable for a long-term investment, and we do not want to lose a position at a nice price.
In the same way we will manage the position in the course of price growth: rearrange the stop, fix profit on the part of the position, etc. If this is interesting for you, in order not to miss the update, subscribe to us, give us your likes and comments, and then tradingview will be the first to inform you about changes.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #6We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
1-2 weeks ago we were placing 3 buckets orders to buy long.
On the recent crypto market fall, we got all buy orders filled.
Now we have position with notional 900$ with average entry price $17.66 Logical stop below $15, however we do not place it yet, because the market is very volatile now, it is a pity to lose a long term position gained at a delicious price.
As soon as the market shows a clear trend, we will place a stop and either update this idea, or we will write about it in a new idea.
So, in order not to miss an update, subscribe to us, like and comment, and then you will be the first to be notified about the changes by tradingview.
Today we will look at the KCSUSD pair on the 3D time frame. This is the third 3D candle in a row trading above the strong mirror level of $15 . It looks like that level was tested from above and now the buyers are fixing the KCS price above it.
So far, everything is done in order for the growth to start in the near future.
The first growth target is around $36 , which is x2 from our buying point, and it might be just the middle of the big growth channel.
The global target for growth unchanged is $100-110. We would like to bring this column to the target and fix the profit with you.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #5We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
A week ago, we placed 3 buckets of buy orders to go long.
Tonight, on a strong next crypto market drain, only the first order to buy 1/3 of the position at $18.81 worked.
An interesting fact is that at the time when the price of BTCUSDT and prices of many alts update their lows of the last months, the price of KCSUSD is confidently held by buyers. This is good news, because where are the strong and confident buyers we can less afraid of considering a long-term investment, because the chance that after the next pump the price of the alt is sold at -80% is much lower.
Also, what can be the next move of price KCSUSDT adds more intrigue to us the KCSBTC chart
The consolidation spring is severely compressed and there will be a powerful impulse soon.
If it is down by -15-16%, it is very likely to fill our 2 at $17.66 and 3 at $16.51 long-term long buy orders.
However, from past experience such patterns usually shoot upwards. The percentage strength of possible upward impulses is depicted on the chart.
If we see that the sellers have run out of steam and the KCS price starts to shoot up, we will buy 2/3 of the position at the market price and update this idea.
So if you are interested in this section, subscribe to us and write a comment under this idea, and then tradingview will be the first to notify you of any changes and corrections in this section.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS 1D Step-by-step long-term investment #4We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token, you can read in our previous ideas for this column, using the KCSUSDT ticker search
So, the first entry in the position, the price was fluctuating near the entry point of $20.5 almost all the time and sometimes even showed +12-15% profit, and it was in a falling market, closed on the stop after the recent another market plum.
We got a -9.32% stop and the investment with a notional allocated capital of $1000 (for ease of calculation) went down to $900
This experiment is designed to last until at least the spring, and maybe by the summer of 2022 , as the chance of an alt season persists.
Therefore, we continue.
Optimism and desire to further invest in KCS is added by the fact that when the price of BTCUSDT updated its low from $42500 to $39650, and somewhere between 70-80% of the alts also updated the low of 04.12.21. KCSUSD buyers bought off the fall at $17.89 and did not let the hit the stops hidden below the low of $17.81.
Since in the cryptocurrency market, at least for us, there is uncertainty now whether it has already been a trend reversal or whether the correction will continue, we will place buy orders next week in a wide range.
We put three equally weighted pending orders at the conditional $300 at the following levels: $18.81, $17.66 and $16.51 , as we have shown in the chart. The orders have no stops so far.
We will check in a week, which of the placed orders will be filled, and maybe we will buy more on the market price (if so, we will update this idea), and analyze where the stop on the position is rational.
If you are interested in this section, subscribe to us and write a comment under this idea, and then tradingview will be the first to notify you of any changes and corrections in this section.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)