$eRSDL - William's_R_ovrsld_long_1hr - Price seems to have cooled enough from the weekend pump to start adding more. NA markets open for the week in an hour. FA remains strong. William's %R is oversold. Potential bounce here if volume picks up. Set alerts, DCA.
Call/limit order filled: 0.01245
tp_01: 0.01562
tp_02: 0.01870
stop: 0.01091
Never margin trade. Go well
(-(-(-(-_-)-)-)-)
Kucoin
KCS - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for KCS.
Which scenario do you think is more likely to happen? 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/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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KCS - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS rejected our green support and traded higher, so we are currently trading inside this orange channel.
As per my trading plan, I will be looking for trend-following buy setups on lower timeframes if price retests the lower orange trendline acting as a non-horizontal support.
and we will be expecting the bears to take over for a correction after retesting the upper orange/red trendlines.
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCSUSDT testing the 1D MA100, close to a major break-outThe KuCoin token (KCSUSDT) has broken since our last analysis above the 1D MA50 (blue trend-line) for the first time since April 26 2022. On top of that, the 1W MA50 (red trend-line) is now supporting. At the moment it is going for a re-test of the 1D MA100 (green trend-line) where it failed yesterday.
Perhaps the most important barrier, above which the long-term trend switches back to bullish, is the 1D MA200 (orange trend-line), which right now happens to be exactly on the Lower Highs trend-line that started after the December 01 2021 market Top.
Naturally if we get a weekly candle close above the 1D MA200, we should expect a medium-term rally towards the 28.845 Resistance (Dec 01 2021 High). If not, the Lower Highs can very well reject the price back towards the 14.500 level.
Even though the current Channel Up resembles the one that also tested the 1D MA100 back in early February, this time the price has broken above the critical 0.618 Fibonacci retracement level, making a full gap fill more probable. Also keep an eye on the 1W RSI. If it crosses above its MA (yellow line) then that also favors the bullish case on the long-term.
Overall we believe that KCSUSDT is an excellent investment on the long-term with a 10x profit potential in this Cycle.
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KCS/USD - Retest of $21 imminent! 🚀KuCoin Token is on a clear bullish path and about to recover most of its recent losses during the May crash.
At this rate, the bullish momentum should take KCS to the $21 key resistance level.
More so, the indicators are turning quite bullish on higher timeframes.
In this 3-day timeframe, the MACD just did a bullish crossover, this is very significant. So did OBV.
Could this build enough momentum to break above $21? Possibly, particularly because KCS already broke the resistance on the BTC pair (price went above 5k satoshi).
Bias is bullish on this price action and I would re-assess at $21.
Keep a close eye on this!
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KuCoin Token (KCS) - May 26hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(KCSUSDT 1W Chart)
Below the 6.859-7.562 section: There is a possibility of entering the mid- to long-term investment area.
Above 10.230: Expected to create a new wave
(1D chart)
If it finds support above 15.880, I expect it to turn into an uptrend in the short and medium term.
However, due to the volatility of BTC, there is a possibility of temporarily touching the 13.450-14.093 section, so careful trading is required.
(buy)
- 1st buy: After confirming support at 15.880
- 2nd purchase: After confirming support near the 13.450-14.093 section
(Stop Loss)
- When it falls below 12.511
(Sell)
- When receiving resistance near 19.007
- When receiving resistance in the section 21.376-22.189
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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KuCoin - Under the HoodThis is purely our Technical analysis and our humble opinion.
So, don't get us wrong KuCoin is a nice exchange; not the best but it's good. We have done all kinds of research and testing and it is not our favorite but it ranks in the Top-7 of our research.
Regarding our chart:
16,25 is a BIG resistance and the price does not seem to have the momentum to rise higher.
What is worrying us is that the next support is at 9,45 which is very far away... and this calls us to go short here.
Again, that's our opinion, DYOR as always and remember to HEDGE.
One Love,
the FXPROFESSOR
KCSUSDT Up +80% from its Low. Levels to watch next.The KuCoin Token (KCSUSDT) has risen more than +80% since the May 12 Low. By doing so, it broke again above the 1W MA50 (red trend-line) which was the Support during the rise of 2021. Closing the week above it, strengthens the case of a market bottom.
However, we still have a set of Resistance levels to consider on the short-term. The 1D MA50 (blue trend-line) is right above but in my opinion it is the 1D MA100 (green trend-line) which is more important as during the last rebound from a Lower Low (as you see the long-term pattern is a Channel Down), it rejected the price three times. The 1D MA200 (orange trend-line) shouldn't pose much Resistance if the 1D MA100 breaks.
As a result, if we get a 1D candle close above the 1D MA100, I expect a strong extension to the 21.300 - 22.000 Resistance Zone, which has been rejecting break-out attempts since January 05 2022 and is the difference between the start of the new Bull Cycle and the extension of the current Bear Cycle. A rejection on the 1D MA100, should set in motion a new sell-off to the lower Fibonacci retracement levels.
A break above the 62.80 RSI Resistance, adds more to the bullish case.
I have to mention that overall on the long-term, I view KCSUSDT as one of the best investments in the market. The exchange is always backing the token and enriching the project with new fundamentals.
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KCS/BTC - Major BREAKOUT above 5k Satoshi!!! 💪KuCoin Token has broken above 5k satoshi and exploded much higher on sustained volume!
This is a major breakout with a price not seen since 2018 vs BTC!
If momentum keeps up, KCS could challenge the all time high sitting at 15k Satoshi.
The first key resistance is found at 5.8k satoshi and then at 7.6k.
The support at 5k statoshi was not really tested, so probably price will revisit this area in case of a pullback.
Overall, a great performance from KCS and likely to continue.
Bias remains bullish on this price action and the indicators also support further uptrend.
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KCS/USD - Full steam ahead towards $21! 🚀KuCoin Token has had a great past week with price quickly moving above $14, turning it into support and now rallying towards $21.
The momentum is bullish and the overall market is also giving signs of a significant relief rally incoming.
This may be a much needed change in the price action after two months of non stop price drop.
The daily indicators are all bullish right now, but volume appears to fade a bit. As price approaches $21, the sellers will start coming back in force and likely will do their best to defend this key resistance.
Expect to see profit taking as price approaches $21, then reassess.
For now bias remains bullish.
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ALGO TRIANGLEMy analysis on ALGO is pretty much the same as my BTC analysis. Bearish triangle. After this triangle we'll probably fall into a five wave pattern to the downside. I'll be taking up a short position once the E wave has been confirmed. (At the bottom of the pattern) just in case I'm wrong. If this pattern plays out, I'll be able to catch it from the beginning of wave 5 and ride it down. Because when BTC breaks support there will probably be a big fear selloff.
Remember in the time of a Bear market this is when you can get rich. You can accumulate more for less. But wait till the market is chilling out. You don't want to be buying the dips that keeps on dipping. At least I don't.
BTC TRIANGLESo I'm looking at the 12hr and what I'm seeing is an incomplete triangle pattern trying to play out. If price doesn't bust out here then we looking at a bearish pattern and more likely a break to the downside. When we get into the E wave, we may see a price pump. Soon after that it will hit a resistance level and fall dramatically. ABCDE. With E ending up top of the pattern, a downside will occur.....IMO
With talk of recession etc, fundamentals point down. So I'ma say a great chance to short is nearing. We may see the massive drop, a retest, then a drop once the pattern has completed in the next few days.
BLOK broke out resistance#BLOK/USDT
$BLOK broke out from daily descending resistance, and now is on pullback to confirm the broken line and support.
🐮 there is a support zone around $0.007 which is the same with ascending support and descending trend line.
holding this zone will increase price to resistance levels and it is possible to increase to touch descending resistance that is the same with resistance zone around $0.02.
🐻 break down from support zone will invalid this scenario and price can drop to $0.002