ZKT bottomed? Let’s seeI simply liked the chart and price here, I will start accumulating CMP through 21.947 (DCA). And according to the market sentiment I’ll take profit aggressively.
Kucoin
KCS/USD - Breakdown under $21 on bearish market sentiment!😪KCS had an attempt to break above the $23 resistance, but the buy pressure was not sufficient to make it happen. This quickly turned into a fakeout as price fell under the ascending triangle (in blue).
Key support: $20, $16
Key resistance: $23, $28 ( ATH )
The market turned bearish on Tuesday when both ETH and BTC took a downturn that continues today. KCS was unable hold off this sell pressure and was pushed back down towards its support at $20. Today, KCS also broke below the ascending triangle (in blue) that was discussed in my last KCS idea. This makes a test of the $20 support very likely.
Technical Indicators:
Volume: Volume increase yesterday during the sell-off. This is a bearish sign and today's price continued lower. Unlikely for this to change until KCS reaches the key support.
RSI: The daily RSI has been falling in line with price and it is unlikely to curve back up until price holds above support.
MACD: The daily MACD just did a bearish cross today. This is likely to be confirmed when the day closes if buyers do not show up soon.
Bias
The bias for KCS is bearish. Hopefully buyers will return at the $20 support, otherwise, price can fall to $16.
Short-Term Price Prediction for KCS
The current price action as well as the MACD have turned bearish for KCS. It is unlikely that KCS can rally on its own considering current market conditions. The most likely scenario is for the current correction to continue. KCS has good support on the $20 and $16 levels which can provide a good base to stop this downtrend.
Like and follow if you liked my idea!
ICP/USDT -94% down since Binance listing so Entry Time..?#ICP/USDT Request Chart:-
$ICP currently trading at $25
And Most important things is it’s almost -94% down since listing on Binance.
That time traded price was ~370
So now too much down but not mean its buy time accounting to Dump too much.
As per chart Now Good buying zone with Targets and Stop loss.
Accumulation zone = $22-$25
Targets:- $42/$75/$128 / Bonus
First need to break $42 resistance level for Upside Targets.
Stop Loss:- if any Daily candle close below $20 thats mean Exit time.
🔥 KuCoin Token Ascending Wedge: Two OptionsSince the massive drop earlier this month, KCS has been trading in an uptrend. Luckily enough, the price is still making higher lows, indicating a strong trend. However, there might be some bearish price action coming our way.
Bullish case: the price reverses from the current support and stays in the pattern. Best case scenario would be a bullish break out in the next week or so.
Bearish case: the current support fails and KCS will fall. Potential target would be $20. Since the ascending wedge occurs during a bearish longer-term trend, the bearish case would be the most likely scenario. However, this is crypto and everything depends on BTC.
Happy trading!
FTM/USDT - Super awesome epic scientific data driven work upAn amazing piece of work; a very in depth, thought out analysis of the $FTM/USDT paid, specifically on KuCoin. (Fantom.finance). Definitely checks the box for "Beyond technical analysis"./
I think the title says it all.
-With Decentralized Love,
Block and Chained 🧱⛓
may be it is a sign for REV USDT to Go Upfor a while now rev was accumulating for i think it bullish move . it was in top 100 crypto currencies and go down and up and down .
i think it will back in top 100 this week
LSS Ready To FlyLSS lost Ascending channel in DEC21,2021
it falls up to Strong support which is located around:0/64833
NOW! it get back into lonterm ascending channel!
nicely break 0/97 resistance and those two orange trend lines too!
weekly close above 4/1 Gan Fan
its pretty bullish for me
around1/43-1/49 we have heavy resistance if we break with full body candle
ATH will reach soon!
our Stop loss is one daily close below channel(around0/8$)
Always Trade Safe!
Dont Fomo!
Good luck :)
Long $KDA trade idea via Kucoin $KDA is a crypto currency that is currently traded via Kucoin app.
Bullish setup; Cup & Handle formed with MacD indicating a bullish breakout with the neckline at 12.45.
All time high for this currency is 28.30 which was a blow off top which led to a retracement of over 50% from the top.
Crypto currency is highly volatile so we do not recommend over leveraging via margin or futures trading.
Happy trading and Happy Holidays.
OptionsSwing Analyst
Daniel Betancourt
MY VIEW ON SOUL/USDT Here we can see the change of character on $SOUL. Initially, price was in a Symmetrical Triangle forming lower highs.
Now, we see a breakout to the buyside direction of the market place. Price broke a lower high to form a higher high so price is currently experiencing a retracement to its local support. I do believe price will moonshot from its support to $3.9-$4.0 providing us with 79-80% profit on Spot bags.
KCS 1D Step-by-step long-term investment #1Hello, today in our review we have a pair of KCSUSDT
To begin with, we recommend to look at our previous idea to understand the logic of why we bought this coin.
And today we will show you on our example how we have placed orders on our position, and once a week we will update the position information + add opinions on the KCS coin and the crypto market in general.
We see that BTCUSDT price went up today and consequently alts are slowly starting to follow the main cryptocurrency. If you missed it, below are our fresh thoughts on BTCUSD and alts in general.
Recall that our position KCSUSDT we gained in the range of $20-21, the average price is $20.5, for ease of future calculations, let's fix that the position size is conventional $1000
We will now divide our position into three equal parts and set separate take profits and stops, and observe which trading strategy and expectations in the future will be most justified in the current market.
1) Short-Term Trade. Entry $20.5, Take $27.50 (+34.15%), Stop $8.59 (-9.32%). If the take profit on this part of the position triggered in the near future, the return on it will cover the possible stops of the next two positions and give a minimum profit for the entire position.
2) Medium-term trade. Entry $20.5, Take $36.00 (+75.16%), Stop $18.59 (-9.32%). Longer term price movement, but profitability is two times higher than in the short-term trade. Profit should be taken from "the table" in time.
3) Long-term or investment trade. Entry $20.5, Take $110.00 (+436.59%), Stop $18.59 (-9.32%). The logic is as follows: a short-term trade - leads a position to no loss, medium-term trade - gives a return that covers the time spent when funds are frozen in the position. And in the long-term trade, we do not lose anything and can set the most ambitious goals from above that are obtained according to our calculations.
The maximum loss that we can get for the entire position is -9.32%. If the price goes below $18.59, a stop will trigger, and we will make a loss, but at the same time we will free up funds and be able to re-buy KCS again below in the range of $13-15.
There is nothing wrong with trading with stops, stops save your deposit from large and long drawdowns. You just need a cold mind and adequate calculation of risks and possible profits.
Well, what to think and guess, time will show what trading strategy will be most justified in this situation.
We do not know yet whether we will update this idea or do a series of ideas with updates.
So please like us and write a comment not to miss anything and subscribe to us and tradingview will send you notifications when we update.
Have a great weekend everyone)
_______________________________
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 :)
AVAX/USDT/ UP OR DOWN??as you see Avax KUCOIN:AVAXUSDT maybe it will have some break out (from downside) or it will support and go up again. but this avax is really near too resistance zone and so maybe it will come down for a while or it will break out from this resistance zone.
we have to wait and watch BTC & sellers
$LUNA - Time for a Pullback?We have seen an absolute insane run from $LUNA which I have created a post of going long around $56.
Since then, it has absolutely skyrocketed to unknown territory.
However, what comes up, must eventually comedown to a certain point.
I believe that $LUNA is far too overextended at this point.
RSI is near all time highs from the last run.
I am looking for a bounce in the $75-$80 level near our previous all time high.
We had previously seen around a 85% run from around $40 to $70 before we had a pullback. We are now around 85% gain from $52 to $98. I believe we will see a pullback soon!
Let me know what you all think!
KCS/USD - Downtrend continues as KCS searches for support! 🧐As indicated in my last idea, Kucoin Token (KCS) made a bearish cross on the 3-day MACD, signaling that price is found in a downtrend. This was confirmed this week when KCS failed to rally higher and was pushed back down.
Key support: $20, $16
Key resistance: $23, $28 (ATH)
Unfortunately for bulls, KCS was unable to rally and has fallen to the $20 support level. If that will not hold the current downtrend, then the next support is found at $16. The resistance at $23 appears unlikely to be tested anytime soon.
Technical Indicators:
Volume: Volume decreased this week. The price action lacks conviction and the bears appear to have the upper hand as buyers are scarce.
RSI: The 3-day RSI continues to fall lower with lower highs and lower lows. As long as this continues KCS is in a downtrend.
MACD: As already indicated, the 3-day MACD is bearish and this is unlikely to change soon. Moreover, if KCS will not reverse the downtrend soon, then the MACD on weekly may also turn bearish. That would signal a major bearish reversal similar to BTC and ETH, that already had this signal.
Bias
The bias for KCS is bearish right now.
Short-Term Price Prediction for KCS
The current downtrend for KCS has only started and it is best to be cautious considering current market conditions. Both BTC and ETH show major weakness in the market and KCS may be under a lot of pressure due to this. Best to wait for signs of a reversal before turning bullish again. Until then, KCS has good support on $20 and $16.
Like and follow if you liked my idea!
UMB Downtrend is broken?!hi guys,
I hope that you will be well.
There is a trouble downtrend in UMB/USD. You can see the downtrend seem broken. Also in RSI downtrend is broken too.
In addition, we have a really strong support at 0.25$.
You can wait to confirm break the downtrend.
KCS - Trend-Following Setup!KCS is overall bullish trading inside the orange megaphone pattern.
Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups.
However, KCS broke below the green zone, and it is currently retesting it, so the bears might still kick in for another bearish impulse till the lower blue support.
In this case, we will be looking for new buy setups as the price approaches the blue support.
That's why we want to wait for extra confirmation before buying , by waiting for a break above the gray area. In this case, the bulls would prove control again by breaking above the green zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔥 KuCoin Token: Bull-Trend EstablishedJust like many other tokens, KCS has seen a strong bearish trend over the last couple of weeks.
However, it seems that this bear trend has reversed in the short-term. After the massive bullish reversal earlier today, KCS has established a higher low, marking the way for a bullish channel pattern.
My expectation would be that KCS will at least trade bullish for the coming few days, potentially longer in case BTC will hold the line.
In another analysis I did on KCS I talked about the long-term potential of this coin, which is still intact. Let's hope for a nice reversal pattern and potentially a new all-time high in the coming weeks.
Happy trading!
KCS Mission Impossible: Have time to jump in to the Last WagonToday, we present to your attention a trading pair of KCSUSDT
It is a working token of KuCoin and an alternative to BNB from Binance
= It looks like the 5th impulse wave upwards is now incipient.
= If you look at the chart globally, almost 2 years from 2019 to 2021 the KCS token accumulated in the highlighted white zone on increased volumes.
= Then, in the spring of 2021, we had wave 3 with a spread of 3,000% growth.
= And in the last 3 weeks the KCSUSD buyers have shown their strength. Despite quite strong BTCUSDT falls, the KCS buyers aggressively bought back the falls, without lowering the price below $18.50.
By their actions they drew big shadows on the chart from the bottom and at the same time showed that the KCSUSDT price is standing higher than the previous absolute highs.
Given these facts, and if we compare them with our thoughts about the future of the BTCUSD price
We can expect that KCSUSDT price can grow by +/- 400% from the current price to the area of $100-110.
The intermediate target is $36.
We were buying at $20-21 and had the bucket at $13-15 but without result
Since we are trading on what we see on the chart, we now have faith in a decent growth in our mid to maybe long term investment.
_______________________________
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 :)