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Kucoin

KCS/USDT Breakout and strong retest of 14.8$. Where can we go?🚀Intro: - KuCoin evolves into one of the big competitors of Binance, FTX and Coinbase. - Often times Coins are listed earlier on KuCoin than on other major trading plattforms. - The current marketcap is around 1 billion which is much smaller than the marketcap of the main competitors. Daily chart: - Price shows an upwards breakout of the very large consolidation wedge. Additionally we see a retest of the 14.85$ resistance which turned to support. - Volume starts to rise which is a bullish sign. - RSI analysis shows a bounce back of the red 80 line. The orange line on the other hand now seems to act as support. - Support lines are at 14.85$, 9$ and 6$. The borders of the wedge can act as support as well. - Resistance lines are at 19.5$. Once we pass this we are in price discovery mode together with Ethereum and many other coins. The sooner the better. Expectation: - We expect to see further price appreciation until the end of this year. KCS has to close the distance to its main competitors. - The 14.2$ did not last long and so shouldn't the 20$ line. - End of year prediction: We will see a 50$+ KuCoin before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone . Check the description.
Long
by tumbler55
2
For best friend Johnny Lyu aka Johnny Kucoin On September 6th Kucoin pulled the margin Liquidation price on their Margin contracts. They knew the market was going to crash They went into their HSTS panel on Cloudflare and lowered the bandwidth limit. They gave all leveraged traders a 1015 error webpop.io copyy from this site Most frequently, when a legitimate site visitor is being blocked by the rate-limiting error 1015 it’s due to issues with the rate-limiting configuration that only the site owner can fix. read about it here www.reddit.com
Short
by Thetality
5
BUY/USDT Upcoming Fundamentals, Golden CrossBurency (ticker: BUY , exchange: KUCOIN, SUSHISWAP) has recently tweeted that Cloud mining contracts are loading and that they will be announcing the action soon. The chart currently shows that we are above the 50 MA and the 200 MA was just tested. Although the 200 was not broken through, the price still remains above the 50. There will likely be another retest of 200 and hopefully soon a breakout. If this is the case then we could potentially be seeing an upcoming Golden Cross. This could be a big trade for all.
BLong
by UnknownUnicorn28488832
2CRZ critical region 2 breached; potential consolidation period2CRZ finally had a major increase in volume yesterday after about 2 months of meager price action, in which it moved from a high of $0.1033 down to a stable trading range of $0.03 to $0.022. A reversal occurred yesterday, peaking at $0.085, after an 80% breakout to $0.0625 8 hours prior. The breakout pattern on the chart was identified prior to it's 55% increase, but the price couldn't sustain above the $0.0635 level. In all honesty, I'm personally a fan of the core idea behind this project, though I question if the team can get the job done efficiently. A few things to note regarding the coin: - Only upon the coin hitting a 100% gain on the day did the team begin to tease news, eventually sharing that they partnered with an e-sports franchise, also paying two former NBA players (Nate Robinson and Mario Chalmers) to post identical uncommitting, copy-and-paste tweets about the coin which was met with zero enthusiasm by their followers, and made the project appear pretty pump and dumpy. - Correlating with the previous idea, their price actions seems to heavily rely on teasing secret news on twitter (creates small uptrend), followed by the release of the news (often met with a price retracement -- besides the news from last night, which relied heavily on the successful price action of that entire day) Anyway, if the team can continue to establish good connections with professional athletes in E-sports and other realms, expand their listings on exchanges, then they should definitely be a coin to keep an eye on regarding quick growth, and the price action of recent points toward a nice entry point, hanging right above bottom level of resistance (I believe around 68% retracement from it's stable high of yesterday, 100% of peak). Please let me know how you feel, if you agree, or i'f I'm totally 100% off and should stop immediately -- I've just started doing this lol. Thanks
2
by Jordsito