Get started

Kucoin

KCSUSDT Bullish signal on LMACD. What to watch for.$40-70 targetThe KuCoin token is forming today a very strong bullish signal on the 1D time-frame. The LMACD indicator is making a Bullish Cross. As you see on the chart, since June, every time the LMACD formed a Bullish Cross following a Bearish Cross top, the price soared by more than 50% (in particular +50%, +105% and +175% on those three times). The dominant pattern has been a Channel Up since the May bottom and as you see, if KCSUSDT indeed rises following the LMACD Bullish Cross, it will break this Channel to the upside for the first time since the bottom. Technically, the higher Fibonacci extensions (1.5 Fib and 2.0 Fib) will start playing their part if that happens. So you may consider this potential break-out as an additional confirmation bullish signal. It is interesting to note at this point that the U.S. Dollar Index (DXY) also offers great insight to potential rallies on KCS. On this chart the DXY is displayed by the green trend-line and as you see, since the first LMACD Bearish Cross signal in mid June, most rallies on the KuCoin Token have coincided with drops on the DXY, which is natural for assets valued in USD terms. Since November 25 the DXY has started to pull-back so that may be an extra early signal of an upcoming rally on KCS. Personally I am not missing out on this buy opportunity and neither should you. I have the following three successive targets: $40, $50 and $70 within a two-month horizon. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
15
FLUX/USDT Breakout !!!! Preparing for the next pumpFLUX made an almost 500% pump in the last month. Since the ATH made a 50% correction. FLUX has broken the downtrend twice after finding support at 0.786 fib and a strong support order block (confluence area - Yellow box). We can see a similar pattern in Kadena (KDA) where they both ride together. At this stage, we can see a massive accumulation happening (refer to the VPVR) before the mega pump. If FLUX pumps from here and breaks the current resistance around $2.3 we will see a new ATH soon. If the support doesn't hold we might see a bounce back from 50 EMA. Also, keep an eye on 21EMA acting as resistance in the short term. This is not financial advice please DYOR. This is coin has great fundamentals recommended to accumulate for the long term.
Long
by CryptoCafeClub
4
🔥 KuCoin Token Accumulation PhaseKCS seems to be relatively unscathed at this point in time. Bitcoin took a steep dive over the past two weeks, losing over 20% of its value in this process. However, KCS is trading horizontally for the better part of November. In my view, KCS is currently seeing a period of accumulation before breaking out again. In the analysis above I talked about my long-term view on KCS. For the coming weeks, assuming a bullish break out of the violet area, I'm looking at a $30 and $40 target. Happy trading!
Long
by FieryTrading
5
KCS/USD - Bulls maintain the upper hand! KCS holds above $21!Kucoin token (KCS) has been put under a lot of pressure as the bears attempted again and again to break the key support level at $21. So far the bulls have won every fight and price has stabilized just above this key level. Key Support level: $21 Key Resistance level: $34 This week, volatility on the market was very high with BTC falling to $54k and ETH to $4k. Despite these drops, KCS has managed to maintain its price above $21. This is a sign of strength. However, when a support level is tested again and again the chance of it breaking also increased, therefore the bulls better push KCS higher soon to avoid this scenario. Technical Indicators: Trading Volume: Volume has remained sustained, both on bullish and bearish days. Interest in KCS is high, particularly at the current price level. RSI: The RSI dropped under 70 points, but now appears to curve back up. Should the RSI go above 70 points again, then a rally becomes likely for KCS. MACD: The 3-day MACD remains bullish, however, the histogram is falling. On the daily timeframe, MACD has been bearish for a while, but so long price is above $21 this is not too concerning. 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: Expect to see KCS price just above the $21 support level. A breakout appears unlikely at this time and KCS can continue to consolidate for a while around this level before either the bulls or bears take control of price. Like and follow if you liked my idea!
Long
by DU09
2
KCS - Outlook ✅KCS - KuCoin KCS is heading to retest the ATH ($27.888). The market is showing Buy Volumes for this coin right now, and also, the value just got support from the lower Bollinger Band. Since we don't see enough Buy Volumes to breakout and pass ATH, we might move sideways to consolidate for a while and build a better, solid value. There are two support areas on the chart. The first one is the local support zone which can hold the price and push it back up in case of any sudden market crashes. The lower support zone is our Solid Support area which is our most substantial demand zone. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $24.203 Let me know your ideas. Good luck.
by ShawnMCR
10
Kucoin explodingHello. Do you know KCS? Otherwise I'll introduce you here. Fundamentalist analysis KCS is the native currency of Kucoin, one of the largest exchanges in the world. It is used as a utility token (to lower rates), and also in the same broker's KCC blockchain in the DeFi ecosystem. In other words, it is to Kucoin what BNB is to Binance. On the DefiLama website, which specializes in analyzing DeFi data, the KCC blockchain was first created in August of this year, so it's pretty recent. According to this same site, this blockchain has a TVL (Total Value Locked) of $17,060,873. So it's an ecosystem that is growing and is just beginning. The supply data for this currency are: Total Supply: 167,073,331 units Circulating Supply: 77,073,331 units Graphical Analysis KCS/USDT On the monthly chart against the Dollar we have a breakout in a "Cup and Handle" pattern. By plotting the Fibonacci range, the next target is at $89, which is a very promising thing. KCS/BTC and KCS/ETH On the same graph against Bitcoin and Ethereum, we also have a breakout of a resistance. Considering the last historical top in these two assets, we have an upside of around 100%. Hope this helps, greetings
Long
by andre_007