KCS/USD - Higher low or breakdown? Decision time! 😱KuCoin Token has fallen to the key support at $9. Buyers will have to stop the downtrend here, otherwise the next key support will be found at $8.
Ideally, for the bull case, KCS will form a higher low here and aims to test the resistance at $11.
The bigger issue, however, is that both BTC and ETH are starting to look quite bearish which is not really looking good unless they manage to stop the correction as well.
Any further breakdown in the market leaders will push KCS lower as well. In such a scenario goin to $8 is very likely.
Bias is neutral on this price action. Lets see where the price goes next before changing the bias. A clean break below $9 would definitely turn the bias bearish.
Indicators also show loss of momentum for buyers.
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Kcsusd
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:
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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 :)
✅TS ❕ KCSUSD:into an uptrend✅✅KCS has moved into an uptrend. The price is updating the highs and now we can expect growth.✅
🚀 BUY scenario: long to the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
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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
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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 :)
KCS/USD - Rally to $11 or crash to $6? 🙄With the market at a junction, this may be the calm before the storm as volatility has been lacking for the past few weeks.
This consolidation will likely lead to a massive breakout one way or another. In the case of KCS, we have some conflicting signals.
There is a massive bullish divergence on the RSI looking at this 3-day timeframe, but price could continue down before it starts to rally.
Should the support at $8 fail, then KCS will likely fall to $6 before it can start a recovery. But forming a local bottom above $8 is also very possible as sellers seem to be somewhat exhausted.
A reversal here should not be excluded, but that depends on BTC and ETH as market leaders.
Should the price manage to turn around, then hitting the resistance at $9 and $11 would allow for a nice relief rally.
KCS would need to make a higher high to invalidate the ongoing downtrend. For that, the price has to hit $17 and above. This looks unlikely now.
The bias based on this price action is neutral, but can quickly flip one way or another. Wait for a clear breakout before taking position.
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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 :)
KCS/USD - Massive Bullish Divergence. Can KuCoin PUMP? 🚀With KuCoin making another local low, the three-day timeframe is now giving a massive bullish divergence on the RSI.
This is significant and it may take some time to materialize. As long as the price manages to hold at this support level then a relief rally becomes quite likely in the near term.
The market appears to have found a local bottom around these levels and with a bit of buy volume, it can reverse this downtrend, at least in the next few weeks.
On the daily timeframe, the chart is bullish but lacks sufficient volume right now.
The bias is mildly bullish right here, but it is contingent on the support holding.
Time to be patient, but taking a long position on dips may be the better trade right now compared to shorting.
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KCS/BTC - The KCS magic vs Bitcoin may be fading! 😢KuCoin managed to outperform Bitcoin for the first six months of 2022. However, things appear to have changed in the past two months with KCS failing to make higher highs vs Bitcoin.
Now, the price is found at critical support at 5k satoshi and if it fails to hold here then KCS could fall back to 4k-3k satoshi.
The indicators are bearish and the USD chart is not looking better either. See below.
At best, KCS could consolidate above 3k satoshi and hopefully the market together with BTC will find a bottom that will allow KCS to recover again.
The bias remains bearish on this price action and I will revert back to this chart once we have a clean break from this current level.
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KCS/USD - KuCoin Token about to re-test CRITICAL SUPPORT! 😮KuCoin Token failed to bounce in any significant way in the second half of June and was sharply rejected by the resistance at $11.
Now, the price is going back to the critical support at $9. If it fails to hold here then the path will open up for a much lower valuation. Maybe even $6.
Unfortunately for KCS, the market remains bearish and with BTC under 20k, hopium is in short supply.
The indicators on the daily timeframe and above are still bearish. There is some hope that the RSI could make a bullish divergence in the future which could materialize later on. However, it is too early now to hope for that.
All eyes are on the $9 level. Can buyers save KCS here again?
The bias remains bearish due to the current price action.
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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
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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 :)
KCS/USD - KuCoin about to break above $10! 🚀The price is condensing just under the key resistance. We know how that ends right? The price will probably explode higher soon.
Once that happens, KCS could rally all the way to $14 where profit taking would be a good idea in case the market decides to reverse again.
The indicators are also curving up, but we don't have a bullish cross yet. Probably a break of the key resistance is needed first. That should bring enough momentum.
Volume is still lacking, but that as well can improve soon.
Other than that, the market sentiment is turning a bit bullish lately and a relief rally could be had. Relief rallies can still be quite strong even if we are in a bear market.
Bias is bullish on this, but best to wait for the breakout first.
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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
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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 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 :)
KCS/BTC - Surprisingly, KuCoin is flat vs BTC! 💪KuCoin's price has been surprisingly flat versus Bitcoin during this massive crash. More so, overall it outperformed Bitcoin during the bear market, this is quite surprising and a sign of strength.
Right now, the price is found in a flat trend vs Bitcoin without any significant change.
Price is stuck between the 5k satoshi support and 5.8k resistance.
A break from this range is needed for KCS to pick a direction. But a flat trend in a bear market is more than enough to keep holders satisfied.
The situation vs USD is slightly different, see below.
As such, keep a close eye on KCS's price vs USD. If it falls under $10, things may get spicy.
Bias on this chart is neutral.
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KCS/USD - KuCoin returns to $10. At Critical Support! 😱KCS had a nice rally in late May, but this quickly reversed in June with the price now back on the key support at $10.
The whole market crashed and ETH fell under its old all-time high. If Bitcoin crashes under $20k, then most altcoins will likely make lower lows.
What does this mean for KCS?
Probably a price under $10.
Bulls have to do their best to keep the price above this key level as otherwise the next support is found at $9 which would put KCS into single digits.
The indicators on higher timeframes remain bearish, while the shorter timeframes like 4-hours are bullish. This suggests a short relief will be followed by more pain.
A break below the support at $10 will settle any doubts. Bias is bearish for now.
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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/BTC - Resistance hit, time for some cooldown. 🤔KCS on the Bitcoin pair has hit the key resistance at 5.8k satoshi.
Now, the price is reversing and if we are to look at the USD pair (see idea below) it seems the bullish momentum may have to take a pause.
For this reason, a retest of the 5k satoshi support line may be in order before KCS can hope to break the key resistance here.
The indicators on the daily timeframe are also curving back down and may signal a local top.
Bias is short on this price action, best to be on guard here and keep a close eye on the support.
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KCS/USD - Momentum Stalling, Here's the Critical Support 😲 KuCoin token had a good rally, actually, a great one considering other coins barely bounce (hint hint at Bitcoin).
KCS almost doubled in price compared to its local bottom here, so not bad at all.
However, the momentum seems to be shifting against KCS and its price may roll over and fall lower to the key support at $14.
If the selloff will not be too aggressive I can totally see KCS hold well there before attempting to recovery again and rally.
For now, the daily MACD is curving down and may turn bearish, so it will take some time for this to play out. Volume is also terribly low.
Bias is turning bearish on this price action, but wait for Monday to get more confidence in the price action.
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