KCS - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is still sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
on H4: Right Chart
For now, for the bulls to take over from a short-term perspective, we need a break above the last major high in orange.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCSUSDT
KuCoin Token | When Will The Bear Market End?Like most of the Cryptocurrency market, KuCoin Token (KCSUSDT) has been moving within a strong downtrend, the bear market.
This downtrend/bear market is getting closer to its end but for KuCoin Token it can extend... Let's have a closer look.
The bull market lasted 511 days and started after the early July 2020 low.
Here we are counting as bull market every single day after the low was set.
The bear market has been going for 357 days.
Again, we are counting the declining from the ATH to the current day.
Looking at other major Altcoins chart this pattern came-in in-reverse.
They have a bullish wave of 333 days or so, while the bearish wave went on for more than 555 days.
The last shall be first, and the first shall will be last.
Right now KCSUSDT is trading at support.
The 0.786 Fib. retracement level of the entire bullish cycle and MA200 on the weekly timeframe.
There can be a bounce here but the bear market isn't likely to be over.
So far we have a drop of 80% (-80%) from the All Time High but we've seen KCS correct by 98%.
The chart structure allows for more red in the months to come, with 1 relief rally in-between before we set the bear market bottom/low.
The same as Bitcoin and other major crypto-charts.
We have room for some relief, short-lived...
Then one more major drop, CRASH, followed by slow and steady growth... Sustained long-term, up, up, up, up and up... But remember, any bullish action now can be taken as a break only, the worst is yet to come.
After we hit bottom, the only place left to go is up.
Up to $50, $60, $90, $120, $150 or more.
Namaste.
Kucoin (KCS) could be getting ready for a runGood day traders 🌞👋
Here we are taking a look at KCS and shorter TF is looking
like a bullish flag IF we can gain support listed above🔝
and below👇 on chart 📈🔝
I am still concerned BTC could correct to ~14k ~15k but first will we see a rise in price to ~17,800k?
In the case that BTC doesn't continue to crash in the imminent future 🐶⏬⏬⏬
Let us not overlook KuCoins utility coin KCS 👌📍
During BTCs recent🕡 dip to below 16k, KCS fell to 💲5.2 , and was aggressively bought up to 💲8.3 shortly after...
Last bull-run🐮🏃♂️ we saw KCS go from ~💲5 to ~ 💲28 value🔥
KuCoin users earn great rewards by staking KCS
If you stake at least 10,000 KCS, you earn 7.18% APY USD 💲💬⭐
Here⏬ we are in a large Descending-broadening wedge on the DAILY view 📈🔎
If we can gain support💪 at ~7,44, I think we can run up to some of our bull targets listed above on chart
Bearish 🐻 targets listed as well👍🆗
Invest at your own risk!!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
KCSUSDT Elliott Waves Analysis(Global Vision, Investment idea)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
IT's NOT TOMMOROW AND NOT AFTER MONTH, Perspective couple of years!
We're in global wave of 4,after which will be final upward movement before huge correction of the entire growth cycle.
the downward corrective movement at the moment looks complete,
but I cannot rule out the complication of the correction in which we can also enter the zone 5 - 7.5,
so whoever believes in the project and wants to invest, I recommend gaining a position in parts.
Main target zone: 75-100$
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
KCS - Long-Term View!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Before I dive into today's update, let me walk you through my last three KCS analysis:
1- KCS - Strong Support!
We have been stuck around support, so we were looking for buy setups.
2- KCS - Long-Term and Short-Term Scenarios!
Then the bulls took over from a short-term perspective by breaking above the blue last high from H4 and reached our 10.0 target!
3- KCS - Short-Term Bullish Setup!
Then we expected a rejection from the 10.0 to retest the blue zone again.
4- Update:
Price rejected our blue zone as you can see from H4
Now What?
For the bulls to take over from a medium-term perspective, we need a daily close above the 10.0
and then for the bulls to take over from a long-term perspective, we need a daily close above the last major high from weekly, around 11.25
and of course, for the bears to take over, we need a break below the last major low in orange.
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 - Short-Term Bullish Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last idea, we were waiting for the bulls to take over by breaking above the blue neckline from H4.
We had the break last week, and lately we rejected the 10.0 and broke below the last minor low in red. Thus, the correction started.
Now on the retest of the previous high in blue, we will be looking for buy setups on lower timeframes to catch the next impulse movement upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS/USD - Downtrend Continues. Critical Support at $8.8 😲KuCoin Token lost the bullish momentum in mid-August and since then it's been a non-stop downtrend for its price.
After being rejected at $11, KCS crashed to the key support at $9.3. Later, it failed to recover and fell back lower to $8.8 which is our current support.
If buyers can't stop the downtrend here, then the next key support is at $8.3.
The current resistance is found at $9.4 and it is unlikely it will be tested any time soon.
The indicators remain bearish, but sellers seem to have lost some interest in pushing KCS lower at this time. This gives some relief to bulls which could defend the key support at $8.8 and stop the downtrend.
Looking ahead, KCS will likely follow the overall market which continues to be bearish, particularly because both BTC and ETH have made lower lows.
KCS is no different and the drop this Monday made a low not seen since July. Hence, my bias is somewhat bearish on this price action.
Keep a close eye on the key support and be patient before taking a position, the market is very fragile right now.
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KCSUSDT At the bottom of the 2.5 month Channel UpThe KuCoin token (KCSUSDT) has been trading within a Channel Up since the July 03 low. At the moment, following the September 12 rejection on the 1D MA50 (blue trend-line), the price is at the very bottom zone (Higher Lows) of the Channel Up, a level where it last rebounded on August 29. The current Resistance levels on the short-term are the 1D MA50, the 1D MA100 (green trend-line) and the 0.618 Fibonacci retracement level from the dominant long-term Channel Down that started after the December 01 2021 market Top.
Technically a break below the the bottom of the Channel, targets first the July 03 Low and if we close below it too, then the 0.5 Fib near $7.000. With the 1D MA50 potentially about to cross above the 1D MA100 to form a Bullish Cross, and more importantly the MACD on the 1W time-frame above to form the first Bullish Cross since October 21 2021, the KuCoin token may very well reverse aggressively, even on the medium-term and after breaking the 1D MA100, target the 0.786 Fibonacci level.
Overall KCSUSDT remains one of the best long-term investments in the market not just for technical but also for fundamental reasons I have previously explained.
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KCSUSDT Rising Wedge still holding. How to trade the break-outs.This is an analysis on the KuCoin Token (KCSUSDT), the native token of the KuCoin cryptocurrency exchange, which enables a profit-sharing model between the platform and its users. Today's analysis is on the 4H time-frame, where we'll be presenting the medium-term trend and the trading opportunities on certain levels.
** Technical Analysis **
The primary pattern we see is a Rising Wedge since the August 29 Low. The structured pattern of Higher Lows and Higher Highs (so far two of each) offers low risk sideways opportunities by buying at the bottom (where the price is at now) and selling at the top. Notice how all key MA periods, 1D MA50 (red trend-line), 4H MA200 (orange trend-line), 4H MA100 (green trend-line) and 4H MA50 (blue trend-line), trade within the Rising Wedge. Also its range is now firmly within the 0.382 and 0.618 Fibonacci retracement levels.
A break above the top of the Rising Wedge, if it comes with a candle close above the 1D MA50, can be taken as a buy break-out signal, targeting the 11.000 August 10 High. Similarly, a break below the Wedge, can be best taken as a sell break-out signal if the lower Support (of the September 07 Low) breaks, in which case we can target the lower Fib levels.
Keep in mind however that we are already past a 4H MA50/100 Bullish Cross, which last time it happened (July 15), KCS was still at the start of a 1.5 month rally. Also notice the 4H RSI Support Zone that is holding since June 18. It can offer a solid buy entry for quick short-term profits.
** Fundamental Analysis **
Overall, with a market cap of roughly $900 million, the KCS token is an innovative way for KuCoin to share 50% of the platform’s trading revenue with holders of the token on the exchange. In addition to receiving rewards in revenue sharing, KCS holders also enjoy fee discounts and the opportunity to participate in initial token offerings and other unique services offered by KuCoin.
Those are just a few reasons that make us consider the KuCoin token as one of the best long-term investments in the crypto market. KuCoin is one of the largest cryptocurrency exchanges in the world, with a user base that runs into tens of millions. An uptick in new market investors can increase the platform’s user base, increasing its revenues and the KuCoin Token price. The KCS token can also gain higher value in the future as the KCC ecosystem evolves and adds more decentralized applications. As KuCoin’s operations scale and evolve further, KCS could become even more lucrative as a digital asset to trade and HODL.
If you are a long-term investor, it would be in your best interest to buy now that the price is at a great discount, more than -70% from its All Time High.
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KCSUSDT close to testing the 5-month Resistance.The KuCoin Token (KCSUSDT) has been trading on its 1D MA50 (blue trend-line) for the past three days. This consolidation is taking place as the 1D MA100 (green trend-line) is descending to a point that is the closest it has been since the June 01 rejection. Basically, KCS has been trading below the 1D MA100 since April 29 and naturally it is the most important Resistance on the medium-term.
As this 1D chart shows, the token has been trading within a long-term Channel Down pattern since the December 01 2021 market High. There is reason to believe that this long-term bearish trend is coming to an end as it is the first time during this period that the MACD indicator is about to form a Bullish Cross on the 1W time-frame. In fact if formed, it will be the first time since October 22 2021. Keep an eye also on the 1D RSI, which is closing in on its Symmetrical Resistance Zone. A break above it can be an early indication of a long-term trend shift to bullish.
As a result, a 1D candle close above the 1D MA100 should be taken as a bullish signal, targeting the 1D MA200 (orange trend-line), which has been trading on the Channel's top since June 01. That is the final Resistance before a long-term Bull rally on the KCSUSDT. If you are a long-term investor, it is important to buy as early as possible on levels of course that you feel comfortable with. Overall Tradingshot considers this an excellent long-term investment.
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KCS| KuCoin | The Bulls Have The Price Under ControlKCS| KuCoin | The Bulls Have The Price Under Control
During the previous analysis, the price broke out from the
wedge pattern and it didn't invalidate it.
That was a strong signal that the price would have increased more during the coming days and
as we can see from the previous analysis the first target was reached.
Now I am expecting any price correction between 9.5-9.9 before
the price move up again.
Targets on the chart!
Thank you and Good Luck!
Previous Analysis!
KCSUSDT: Long Signal Explained
KCSUSDT
- Classic bullish setup
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Long KCSUSDT
Entry - 9.713
Stop Loss - 9.031
Take Profit - 10.735
Our Risk - 1%
Start protection of your profits from lower levels.
❤️ Please, support our work with like & comment! ❤️
KC !! Wait to what will happen in the next DaysKC was on a long-range since December 2021 after a massive uptrend.
the break of the range may give an essential signal to position long on Coffee.
if the market breaks down, it could be a significant signal to go short and expect a target 0.5 Fibonacci retracement (162.30$)
KCSUSDT Consolidating for now. Opportunities trading break-outsThe KuCoin token (KCSUSDT) has been consolidating around both the 4H MA50 (blue trend-line) and the 4H MA100 (green trend-line) for the past week while being on Higher Highs and Higher Lows since the August 29 Low. We view this as a consolidation phase for the next big move not necessarily an emerging bullish set-up as the trend has been bearish medium-term since the August 10 High. It is however the first time since that top, that the short-term price action looks more promising.
Regardless of that, there is a Lower Highs trend-line to respect and until the previous Lower High (9.820) breaks, we should expect further downside it the current Support (8.900) breaks. In that case, wait for the price to enter the bottom of the RSI Support Zone, before buying again. As you see this Zone has been extremely consistent at identifying buy entries since June 18.
On the other hand, the buy break-out signal will be when the price breaks above the 4H MA200 - 1D MA50 Resistance cluster (orange and red trend-lines) respectively, which is currently exactly where the previous Lower High of August 25 is (8.900). In that case, the medium-term trend should switch back to bullish and we can target first 10.500 and then the 11.000 High.
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KCS - Long-Term and Short-Term Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is still struggling around support and round number 9.0 - 10.0 support, so we will be looking for buy setups.
From a long-term perspective: (Left Chart)
KCS formed a valid inverse head and shoulders pattern, but it is still not ready to go yet.
For the bulls to take over, we need a break above the gray neckline. In this case, a movement till 15.0 would be expected.
From a short-term perspective: (Right Chart)
For the bulls to take over, we need a break above the blue zone.
Meanwhile, we are bearish and if the bears manage to push below 9.0 and previous low, then we will be expecting further movement downward.
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
KCSUSDT Moment of truth for the KuCoin Token.The KuCoin Token (KCSUSDT) just made a Bearish Cross with the MA50 (blue trend-line) crossing below the MA100 (green trend-line) on the 12H time-frame). This is coming less than a month after the opposite pattern, the Bullish Cross on August 05.
The last time we saw this exact sequence of technical events was between April 05 and May 03. As you see, even the LMACD sequences are similar. After the price failed to break the MA100 it fell to the final consolidation belt where the Bearish Cross was formed and that initiated a massive sell-off. So far this is exactly what has been happening, with KCS being rejected on the MA100 and now consolidating as the Bearish Cross was formed.
Technically a break below this week's low can trigger another sell-off. On the other hand, a break above the MA100, invalidates the bearish bias of that past fractal. Indeed a moment of truth for the KuCoin token, a project that we believe a lot and stand behind it as a solid long-term investment.
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KCS| KuCoin Token Falling Wedge Pattern | Wait For BreakOutKCS| KuCoin Token Falling Wedge Pattern | Wait For BreakOut
At the mid of August KCS token tested a very strong resistance zone near $11
After that price completed a "Rising Wedge" pattern that pushed the price lower again.
Actually, The price is create the opposite scenario to increase the price again.
This time we can see a very nice "Falling Wedge" pattern or a bullish pattern.
When the price will bounce above the pattern will increase the chances
for the next bullish movement.
Thank you and Good Luck!
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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KCSUSDT Important Lower Highs trend-line for the short-term.The KuCoin token (KCSUSDT) got rejected heavily on Friday as it failed to break above the 1D MA50 (red trend-line). As a result it failed to sustainably recover the 4H MA50 (blue trend-line) and dropped to a new Lower Highs trend-line.
That live has provided the previous (short-term) rebound on August 19. The common characteristic is that when the price rebounded on the trend-line, the 4H RSI bounced also on its Support Zone that goes back to June 19. As you see, whether KCS has been on an uptrend (Higher Lows) or (now) a downtrend (Lower Highs), it was provided always a price jump.
When it was on an uptrend, the price always hit the 4H MA100 (green trend-line) as part of a Support Zone, so we expect that it will do the same, this time as part of a broader Resistance Zone. As a result, if the price rebounds, we will be targeting the 4H MA100 on the short-term.
A break above the 4H MA200 (orange trend-line) should be enough to restore the medium-term bullish trend. A closing below the Lower Highs trend-line, should start a quick drop back to the 8.040 Support.
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