Get started

Kucoin

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. Like and follow if you liked this idea!
Short
by DU09
3
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
2
Kucoin Down Down Down Broadening formationTwo strange items of analysis... First a Broadening formation (Triangle shaded area) has formed over the last few weeks. Technically, it is likely to break below the support, as the previous trend was down. Target 1 will be around $8.00... On the peripheral side. The RSI is making higher lows, which is showing bullish momentum. It looks like Alt Coins are waiting for some catalyst to decide where the next direction is... With the Ethereum merge going from PoW to PoS, it seems like this is like moving from the Barter system to the Financial banking system. One big problem for this - Centralisation for the coin! This is not a bullish signal to buy any crypto and sets a precedent for danger ahead. Hence I'm going short...
Short
by Timonrosso
KCS - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. KCS is still struggling around support and round number 10.0 and since the price is above it, we will be looking for buy setups. 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. Meanwhile, if the bears manage to push below 9.0, 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
by TheSignalyst
9
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!
Long
by KlejdiCuni
9
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
KCS | KuCoin Token | Will The Price Rise Again?KCS | KuCoin Token | Will The Price Rise Again? Yesterday we all saw a strong sell-off on Bitcoin and a crash in all the crypto markets! As we know all the Crypto market is correlated to the BTC movement,s. However In our trading scenario after the price broke out of the wedge pattern it made a pullback yesterday by moving down by 5%. From the technical ,perspective the pattern is still intact and the correction looks normal. The chances are very high that the price will increase again during the coming week. We should also note that BTC is close to a strong support zone and should grows further. Thank you and Good Luck!
Long
by KlejdiCuni
5
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
by TheSignalyst
2
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
1
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!
Long
by KlejdiCuni
4
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
1
KCS - Two Possible Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. KCS is still struggling around support and round number 10.0 and since the price is above it, we will be looking for buy setups. KCS is 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. Meanwhile, we are bearish and if the bears manage to push below 9.0, 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
by TheSignalyst
7
KuCoin | Bullish AB=CD Pattern | Still ValidKuCoin | Bullish AB=CD Pattern During this period of time, we are looking at the market to increase the bullish volume and to increase where it was on April 22. However, we must be patient and realize that a strong bearish wave will not change the direction of prices so easily. The price needs to spend some time in correction before the market crowd realizes it that the old trend was near its end. The correction that is happening now is all in line with the bigger picture despite the fact if we like it or not. On the other hand, we can see that the price is close to the completion of a bullish harmonic pattern. This combination can increase the chances that we can see the token increase in value very soon. The fear and panic in the market are creating this release of liquidity. Once it will be more stable the price will begin to increase again. We need to look at any price reaction and after that, we can buy. Thank you and Good Luck! Previous Analysis:
Long
by KlejdiCuni
11
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 :)
by P_S_trade
26
KCS/USD - Uptrend Lost. Support at $10 and $9. 😲As expected KuCoin Token has lost the uptrend after some clear bearish signals earlier this week. See below the past idea. Now the price is expected to test the support at $10. If that can't hold sellers, then the next key level is at $9.3. The resistance remains at $11. The daily indicators are quickly turning bearish and MACD is about to do a bearish cross at this rate. The RSI remains above 50 points for now, but OBV is falling below the key moving averages which is another bearish signal. It's unlikely the market will bounce here and a more substantial correction could develop after the rally in July/Aug. Best to hold some cash for some juicy discounts later on on KCS. Like and follow if you liked this idea.
by DU09