KCS/USD - Support held, KCS aiming for $34 next! 🚀Kucoin token (KCS) had an attempt to push higher after breaking above the ascending triangle, however the broad market correction from this past week stopped it and price fell back on the key support. KCS price is now again trying to move higher.
Key Support level: $21
Key Resistance level: $34
This week, KCS consolidated just above the support line and even if the crypto market had a sharp correction, KCS managed to hold well above the $21 support. This is a sign of strength and provided that the overall market does not correct lower, KCS has a real chance to move higher towards the next key resistance at $34.
Technical Indicators:
Trading Volume: Significant volume in the past few days, however bulls came in strong at the support level and stopped any attempt from bears to push price below $21.
RSI: The RSI is curving up and this last 2-day candle is looking strong, recovering most of the losses from the past week. As such, the RSI may soon break back above 70 points. This is a very bullish signal.
MACD: The MACD is bullish and the recent correction did not affect this momentum. If KCS can maintain this price action and continue to move higher, then it is unlikely there will be much to stop price reaching $34.
Bias:
The bias for KCS is bullish and will remain so as long as price does not fall below $21, which is the current support.
Short-Term Prediction for KCS Price:
Despite the recent market correction, KCS has remained very strong and recovered most of the losses. At the time of this post, price is sitting at $25 which is not far from the current all-time high (ATH) at $27.8. If momentum remains strong, KCS can rally and break the current ATH and move towards the next key resistance at $34.
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Kcsusd
KCS/USDT (Fib 0.382 Acted Support?)💎Technical Analysis Summary💎
KCS/USDT
-First of all, BTC broke bearish down to 55k dollars today
-Most altcoins are affected by this downward move
-But this KCS coin showed strength and still respected the EMA23
-This moving average is a confluence of Fib 0.382 level
-That could be a good oppurtunity for the Bulls to re-enter this market
-For now, there is no major red flag of KCS, so the priority remains to the upside
-But if the Fib 0.382 is broken, that could be a potential start of deep correction
-Be cautious when trading today as the market still not stable
-Always follow your stop loss and reduce your position size if possible
-Good luck and stay safe everyone!
KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.
As the native token of KuCoin, the value of KCS is strongly correlated with the KuCoin exchange platform.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world.
For more info about KCS and Bonuses, please visit the link under my Signature Field.
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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KCS 1D Has good prospects for growthToday, our attention was drawn to the token of the Kucoin cryptocurrency — KCS
First of all, KCS attracted our attention by the fact that when the crypto market in the last days went to the correction, the KCSUSDT price updates its historical high.
KCS is a working token that provides additional bonuses and privileges to Kucoin holders and users, in addition to the theoretically possible price growth. Similar to BNB from Binance, but the price is 30 times lower.
Today, let's take a look at the global chart of what the KCS token has prospects, and in the future we may write a whole series of ideas on how we like to do it with tokens and coins which we think are technically going.
So, a little history:
The previous ATH of the KCSUSD price was fixed at the end of December 2017, when the end of the altseason continued throughout the crypto market — the high of $21.30.
During 2019-2020, someone very confidently gained a position, smoothly, in the wide range of $0.70-$2 , everything is as it should be before further growth.
However, on 25 September, 2020, a "trouble" occurred — the Kucoin exchange was hacked and taken out according to various estimates from $250 to $285 million.
As you can see in the chart, from the moment of the hack and while the funds were sought and returned, the KCSUSDT price fell by another -40%.
But as people say, "what doesn't kill us makes us stronger."
The Kucoin management assures that due to close cooperation with other cryptocurrencies they managed to return 84% of what was stolen, and 16% they returned from their own reserves. That is, ordinary users, as you and I were a little scared, and convinced of the customer orientation of the exchange.
And the KCS token value has grown a lot since then and as many as +4100%, so those who believed and supported were generously rewarded.
Accordingly, what prospects do we see:
Now a small correction of the KCSUSD price in the zone of $20-$21 is possible and there is a good zone for purchase in a long-term long.
After all, the target for growth is at least x5 in the zone of $100-$110 for one KCS.
If you are interested in this token, and possible movements of its price in the future, write about it in the comments.
We will see your interest, then once a week we will publish updates on possible price movements on smaller timeframes.
_______________________________
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 break out longsalam dustan
KCS arze makhsuse sarafie "KUCOIN" hastesh
dar hale hazer az moghavemate saghfe ghablie khodesh be samte bala shekaste shode
dar surate tashkile yek channel kuchik dar balaye ATH ya hamun saghfe ghabli k dar hale hazer tashkil shode
bad az shekastane channele kuchik tar mitunim vared beshim
agar ba man movafeghid LIKE konid
nazareto behem begu
porsud bashid
KCS/USDT ($21 Short-Term Support)💎Technical Analysis Summary💎
KCS/USDT
-KuCoin Token is technically respecting the EMA19 on the 12H timeframe
-The Bulls are always buying the pullback oppurtunity every time the EMA19 is hit
-Currently, there is a short term consolidation with support at 21 dollars and resistance at 25 dollars
-If this pattern breaks above the 25 dollar ATH price, the next minor target is at 26-27 dollars using Fib ext.
-The priority remains to the upside, still expecting a potential continuation due to price discovery
-No major red flag yet despite the bearish move of BTC recently
-Following the trend is the easiest way because that is where the least resistance
-If you are following this coin, make sure you have a stop loss below EMA19 to protect your profit
-I'll give a new update if a breakout or new pattern is developed
-Good luck and stay safe everyone!
KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.
As the native token of KuCoin, the value of KCS is strongly correlated with the KuCoin exchange platform.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world.
For more info about KCS and Bonuses, please visit the link under my Signature Field.
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
KCS/USD - Consolidating before another leg up! $34 Next? 🤩Kucoin token (KCS) had a fantastic year with a 30x price increase since January! This strong performance is expected to continue as long as the market remains bullish.
Key Support level: $21
Key Resistance level: $34
This week, KCS broke the all-time high from Jan 2018 ($21.3) and set a new record at $25! Since then KCS has been consolidating above the $21.3 support level (which was previous resistance).
The price has also formed a very steep uptrend which so far has held strong. If the current support holds, expect to see KCS attempt to go much higher with the next key resistance sitting at $34.
Technical Indicators of KCS Price:
Trading Volume: Volume exploded as soon as KCS broke above the all-time high from 2018. This confirms the breakout.
RSI: The RSI has been hovering around the 70 points area for a few weeks now. This shows a strong bullish momentum. However, the RSI has also formed a bearish divergence on the daily timeframe. This may indicate a consolidation period or even a short lived pullback is possible before further price increase. For now this is not confirmed and a break of the trendline is needed to confirm it.
MACD: The MACD is bullish, particularly on higher timeframes such as weekly. While the daily histogram is making lower highs, this does not become concerning unless KCS break below the key support.
Bias:
The bias for KCS is bullish and will remain so as long as price does not fall below $21, which is the current support.
Short-Term Prediction for KCS Price:
KCS has a very strong momentum behind it as indicated by the steep trendline. So long this is maintained, KCS can make further gains without any significant pullbacks. Expect to see KCS price just above $21 in the near future. If bulls can defend the $21 support level well, then KCS can aim higher towards the next key resistance at $34.
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KCS/USDT (New All-Time High Level)💎Technical Analysis Summary💎
KCS/USDT
-KuCoin Token broke out of the strong key resistance level in January 2018
-But before the ATH happened, KCS formed a bullish triangle pattern on the weekly time frame
-During the pattern consolidation, the price respected the EMA30 at least 3 times
-Until the mid resistance 15 dollars is broken upwards and 20 dollar ATH level is achieved too
-Since this is a new level of market structure, we could expect any form of price discovery very soon
-What would be our potential upside targets? we can use Fib extension to potential look for sell areas
-But for now, I will wait first for the weekly candle close to giving me analytic data
-And look at the lower timeframes for short term moves which we can easily manage
-I will provide new updates in the coming days, let us look first at what is KCS?
KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.
As the native token of KuCoin, the value of KCS is strongly correlated with the KuCoin exchange platform.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world.
For more info about KCS and Bonuses, please visit the link under my Signature Field.
KuCoin Bounces Off 45 Day Channel Support-KCS has dropped nearly 80% from its ATH
-Kucoin has found support at the $6 range
-RSI faces 2 week trend line
Kucoin has had an amazing last year rising over 1500%. In the past few weeks KCS has gave up much of these gains as the entire market experienced its worse sell off in over a year.
KCS has held strong support level of $6.31. This area is met with the bottom trend line of the descending channel. Kucoin has respected this descending channel for nearly 2 months. If the support range of $5-$6 cannot hold, expect a retracement to $4.40 zone.
The 30MA has held as resistance for nearly 2 weeks. KCS must break and hold this MA to have a shot at breaking the major resistance of $8.56. If Kucoin manages to break this resistance and hold, it will likely rally to $10.35 and potential the top trend of the channel.
While looking at the Stoch RSI, we can conclude that strength has strongly revived out of oversold levels. Strength must curl around back to overbought area to have a shot at breaking resistance. The regular RSI has been held down by a trend for over 2 weeks. Once this breaks, KCS is ready to uptrend.
KCS intraday levels
Spot rate: $7.07
Trend: Bearish
Volatility: High
Support: $6.30
Resistance: $8.56
KCS/BTC 320% profit from our entry so congrats guys#KCS/BTC Profit Update:-
#KCS currently trading at 0.0003220 BTC
Finally boosted and hope you are in Huge profit.
Now 320% up from our entry.
Entry:- 0.0000800 BTC ✅
TP1:- 0.0001748 BTC ✅
TP2:- 0.0003143 BTC ✅
I booked profit yesterday from #KCS and holding only 10% of profit.
Hope you enjoying ride.
Now you can book profit here.
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