KCS | Follow the Yellow Brick RoadI'm breaking TA rules here and using a fork in a slightly improper way I know, BUT, "Trust me bro, I've made bongs with less" . . Bonus points if you get the vague movie reference (I don't actually "toke up").
Getting down to business here, just look at the conformity and the historical Golden trendline. We may not be able to short this beauty at the mid-line BUT we can see where it's probably headed along with all of crypto if you're down for a long. To be clear, I would not long until your feet touch the road, avoid the midline.
Follow the Yellow Brick Road my dudes :)
Disclaimer : Not Investment Advice, DYOR
Kucointoken
KCS/BTC - KuCoin holding well against Bitcoin!On the KCS/BTC chart, KuCoin is holding pretty well. For the USD pair see below my idea.
This is good since KCS is not underperforming BTC.
This range just under 5k statoshi is looking interesting as price made a higher high.
Can KCS outperform BTC? Unlikely, but not impossible.
The indicators are flat and this consolidation may continue for a while, but I'd not be surprised to see KCS breaking above 5k satoshi soon.
Bias is neutral on this chart.
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KCS/USD - Price at CRITICAL support! 🚨KCS's price is found right on the $17 support level. If broken, then price will likely quickly take a nosedive.
Volume is low and the indicators are all bearish. If the market sentiment does not change soon (which appears unlikely), then KCS's consolidation between $21 and $17 will end with a breakdown.
The next key level of support is found at $15 should that be the case.
With both the stock market and BTC taking a beating it is very hard to be bullish. Therefore, my bias is bearish at this time and prepare for the worse while hoping for the best.
Ideally KCS will be able to have a nice bounce after reaching $15.
Time will tell. Until then, stay safe!
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KCS/BTC - KuCoin at a CRITICAL level! 😲The key resistance at 5k satoshi seems to hold so far, but KCS could break it again.
Bulls really have to turn this level in support to sustain a possible rally that would outpace and outperform BTC.
For now, the KCS/USD pair (see below) is bearish, but KCS has managed to make a higher high versus Bitcoin not seen since 2018! This is significant.
The MACD is also bullish, but momentum is a bit weak for buyers right now. Best to be patient here and wait for a clear signal.
I am neutral on this price action and we need more time to get a sense of the next direction vs BTC.
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KCS/BTC - Major Breakout vs BTC not seen since 2018! 🚀KCS is about to break above a key resistance vs BTC and set a new high not seen since 2018! 😲
If successful, KCS may enter a rally against BTC... which would be impressive.
On the USD chart (see below my idea), KCS also appears ready to rally, but it is too early to call it on that side. However, on this BTC chart, KCS looks strong.
Monday can be decisive. If KCS breaks away and pumps, it's done.
Expect some exciting price action!
Bias is bullish on this chart and so are the indicators, including volume!
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KCS/USD - KCS Attempts Breakout! Will the market allow it? 🤔 KCS is slowly moving towards $21 which has acted as major resistance in the past and never really let the price rally above it.
Now, KCS is again trying to do the same. Will this time be successful after 5 failed attempts?
The indicators are slowly turning bullish, particularly OBV and MACD. RSI is still flat and the volume does not look that sexy, but it is a weekend.
Let's see if Monday KCS can build some momentum behind this most recent move. For now, the support at $19 has done a good job.
Bias may turn bullish on this price action, but I want to see KCS move above $21 and hold above that level first.
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Kucoin the next Binance coinPrice of Kucoin token have been increasing significantly form 1$ to 28$ and still it could be the next Binance coin and the investment for future in this coin can give 2X , 5X or more than 10X gains .
GO long if the price breaks above 22$ mark
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KCS/BTC - KuCoin Holds Well Versus Bitcoin! Is it enough?🧐While on the USD pair KCS is fighting to stay above $19 (see the related idea below), on the BTC pair, KuCoin Token is doing much better and has maintained its value against BTC.
So far price has managed to stay within a nice range with resistance at 5k statoshi. A break above this key level would see KCS outperform Bitcoin which would be quite impressive.
It is too early to tell, but for now KCS is holding well at these price levels. Nevertheless, holding versus Bitcoin will not be enough if prices against the USD continue to fall.
Usually altcoins perform worse than Bitcoin, but in this case, KCS is an outlier and this is a show of strength.
Bias on this chart is neutral. I recommend you also read my KCS/USD analysis for a complete picture.
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KCS/USD - KuCoin Token Falls Below the Ascending Triangle!😲 KuCoin Token / KCS had a good opportunity to move above the $21 resistance, but was unable to do so to date.
In its attempt to break above, it also formed a nice ascending triangle represented in blue on the chart.
However, bulls were not strong enough and with BTC falling under $40k (idea below), the outlook is not great.
KCS has broken below the triangle and now price is holding above the $19 support level.
Likely for this level to not hold KCS for long. For this reason the real support that HAS to hold is at $17.
This is because if $17 can't stop this bear market, then KCS may revisit $14 even.
Time will tell. Bias is bearish based on this price action.
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KCS 1D Step-by-step long-term investment #11We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +14% , but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
The stop on all position stay at $18,09, and now it is break-even stop +2,5%.
KCSUSD price is consolidating and moving in the growth channel, so we believe that good growth is still ahead.
The first growth target is $23.50, the second is $28.00
The third target we expect is $42.80.
Everyone decides for himself what kind of profit is enough for him)
We came across an updated white paper KCS , which was presented 10 days ago
It is freely available on the Internet, who is interested, can find and read.
We were most interested in the points that can significantly affect the token price of the Kucoin exchange:
1. Lock of 45% of coins for a period of 2 and 4 years. (90 million coins)
2. Burning of 10% of coins from the total issue (20 million coins)
The basic law of economics says: reducing the supply of goods on the market - increases its price.
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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 :)
KCS/USD - The battle for $21 dominance continues! 😱KCS price has not managed so far to move away from $21 and turn it into support. Bulls and bears continue to battle at this key level.
It's been over a week since KCS has hit $21 and there is no winner yet.
Moreover, the indicators on MACD and RSI are starting to curve down. Can bulls save this?
Volume is also declining after the last pump.
This could go either way in my opinion. Bias is neutral over here. I really want to see KCS make $21 support and rally after.
Otherwise bears may push KCS lower before another attempt.
Stay vigilant and do not ape in (see APE idea below) at this price level.
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KCSUDT Short-term outlookThe KuCoin token (KCSUSDT) is trading within a Triangle pattern since the March 29 High. We are close to the breaking of this pattern and there are clear Resistance and Support levels to consider upon break-out in either direction.
* A break above would stabilize the price above the 21.300 3-month (former) Resistance and should be enough to push it towards the 23.600 Resistance made of the December 24 & 27 2021 Highs.
* A break below the Triangle will still face the Support by the 4H MA50 (blue trend-line) and only with a candle close below it can we see enough sell accumulation to test the next Supports in line. Those are the Higher Lows trend-line (of the January 22 low), which happens to be exactly where the 4H MA200 (orange trend-line) is. So that is a double Support level.
* A break below the 4H MA200 could put to test the 17.545 1 month Support, which is the least likely scenario right now as the High Volatility Zone is a strong Support cluster and already gave its credentials as the strongest Accumulation Zone recently.
Perhaps they high probability trade if the 4H MA50 breaks while the 4H MA200 holds, would be sideways trading within the Higher Lows trend-line and the 21.300 Resistance for as long as it lasts.
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KCS 1D Step-by-step long-term investment #10The war in our country has made adjustments to the desire and ability to publish a weekly column on public investing in Kucoin token
However, we will try to please you more often with our analyses in the future.
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
Today the position shows +19%, but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
We are moving the stop on all position up to $18,09, and now it is break-even stop +2,5%.
KCSUSD price is consolidating and moving in the growth channel, so we believe that good growth is still ahead.
The first growth target is $23.50, the second is $28.00 and it is quite realistic to take these targets on the next week.
The third target we expect is $42.80.
Everyone decides for himself what kind of profit is enough for him)
_______________________________
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 :)
KCS/USD - Breakout attempt in progress! Can it make it? 🚨KCS has rallied HARD. But the resistance at $21 continues to put up a good fight. For a second there KCS appeared to have broken the resistance and run, but bears quickly came over to push price below it.
The volume on this last attempt looks solid and shows bulls are really eager. The new whitepaper from KCS as well as KCS turning into a major ecosystem are all bullish signals!
The indicators support this bias and as you can see on this chart, the MACD is bullish and barely just crossed to the positive. This means there is a lot of room left to go HIGEHR.
But before we can celebrate, that resistance at $21 has to fall, without that happening, it is too early to call it.
Should the market turn bearish around here, than KCS has great support around $17 which is quite some distance away.
My bias remains bullish on KCS right now and another attempt to break the key resistance seems inevitable.
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KCSUSDT broke the 3 month Resistance on new White Paper release!Huge news for the KuCoin token (KCSUSDT) yesterday as the KCS Management Foundation, KCC community, and KuCoin have jointly released the KCS Whitepaper! The 1D green candle following this release was the strongest since November 25 2021. This appears to be the right catalyst at the right time to kick-start KuCoin's new long-term rally. But let's break those news down to the technical and fundamental parts in more detail.
** Technical Analysis **
As mentioned above, the key development of this week is the fact that the token broke above a trend-line that has been holding since January 06 and until yesterday it counted 4 clear rejections. With this candle spike, the price also broke above the Lower Highs trend-line that has been holding since December 04 2020. If the 1D candle closes above the 21.300 level, then buyers can go on and target the natural barrier of the 23.600 Resistance and the 0.618 Fibonacci Retracement level. A break above that Resistance, most likely sets in motion the final run towards the 28.765 High of November. On the other hand, any rejection on the Resistances, should cause a pull-back and test of the Higher Lows trend-line, which started on the January 22 bottom. Note that the MACD is on a Bullish Cross.
** Fundamental Analysis **
The highlight of the week from that perspective can't be anything other than the new Whitepaper and that is already illustrated on the price. A little background first, known as the “People’s Exchange”, KuCoin is a Top 5 Crypto Trading platform with over 600 coins and 10+ million users. KCC is a public chain project initiated and built by the developer community of KCS and KuCoin that aims to solve the network latency and high gas fee of Ethereum. KCS is the native token of KuCoin Exchange and KCC.
● With the vision of “from geeks to mass adoption”, KCS is building a blockchain-based value sell-circulation ecosystem.
● KCS will redistribute the 90 million KCS locked at the time of issuance, from which 20 million KCS will be directly burned.
● KCS will connect the world of both centralization and decentralization and will build a Web 3.0 ecosystem.
● KCS Management Foundation is established to empower the KCC ecosystem.
Those above are just the key bulletpoints of the KCS Whitepaper. You can find the full report on their website and twitter page.
The great news don't stop there. To celebrate the release of the whitepaper, the exchange is launching the KCS Super Week! Read the Whitepaper and answer the questions to earn a lottery ticket and try your luck to win a share of 21,000 KCS, up to 5,000 KCS for each user! There is also a 50,000 USDT Giveaway on KuCoinFutures! Don't miss out!
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KCS/USDT ABOUT TO BREAK OUT SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this KCS/USDT TRADE setup. KCS looks good here.
KCS is the token of Kucoin exchange just like BNB. As you know Kucoin is slowly made its name and many users starts using Kucoin exchange rather than Binance. So I'm expecting a nice growth of this token.
According to the chart, KCS is holding its $18 support very well so far. It is trading inside a symmetrical triangle where the break out of this triangle is still pending. Once it breaks the triangle it will pump hard.
Accumulate this coin as low as possible.
Entry range:- $18-$19
Target1:- $24
Target2:- $30
Target3:- $36
Target4:- $44
SL:- $16.5
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KCSUSDT Triangles on the 1W chart. Look for break-outs.I decided to make an analysis of the KuCoin token on the 1W time-frame in order to give you a better understanding of how similar the market structure since the November High is with that of April - September 2021.
As you see, both patterns are Triangles and the 1W chart helps at realizing the levels we need to pay attention in order to spot the next rally before it begins. Right now the price is below the 1D MA50 (red trend-line) but above the 1W MA50 (blue trend-line) which has been supporting since January 2021. There is a specific Resistance zone to beat, which as per the 2021 Triangle, is made of the last two Lower Highs. A break above this level, will also be a break above the Triangle and the 1D RSI shows that we may have just one pull-back left to the bottom of the Triangle, before the new rally that will cause the break-out begins. The next time the LMACD makes a Bullish Cross, will be a (rather late) confirmation.
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KCS/USD - Kucoin Token Holds above $18. Where Next?KCS appears to be in a long consolidation with price within a large range from $21 acting as resistance to $18 acting as support.
This flat trend is not very excited and a break of the key levels is needed for KCS to move passed these levels. The indicators are also rather flat in line with the price action.
The recommended course of action in such cases is to be patient and wait for the price to break away, otherwise taking a large position here can be quite risky.
Both the MACD and RSI are hovering around mid-levels and a trend is yet to emerge.
Volume remains low, but the OBV indicates a bullish bias with a crossover above the moving averages.
Best to be patient at this time.
Bias is neutral and will change only when one of the key levels is broken.
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KCSUSDT Golden Cross, Resistance to beat & MojitoSwap investmentThe KuCoin Token traded within a Channel Up since it hit the Support Zone at the start of the week but that broke downwards with what looks like a Bull Flag. News-wise, with the announcement of a strategic investment with MojitoSwap, the price looks ready to jump. But let's see both the Technical and Fundamental sides in more detail.
** Technical Analysis **
As mentioned above, the pattern sequence on the 1H time-frame is a Channel Up into Bull Flag. When the dominant pattern is bullish and then pulls-back in the form of a Bull Flag, we should typically expect a strong rebound to a Higher High. The level to keep an eye on is the 19.180 Resistance made by the March 09 High. A closing above should be enough to kick start an aggressive rise towards the 21.230 - 21.000 Resistance Zone but on the other hand a rejection will most likely have the 17.530 Support re-tested.
Keep an eye on the Golden Cross that has just formed as last time it happened on 1H on February 26, KCSUSDT did test the 21.230 - 21.000 Resistance Zone. Also, straight after it was formed, KCS entered again a Bull Flag formation. So that pattern makes the current price action more bullish than bearish.
** Fundamental Analysis **
There can be no better price boost to this than the strategic investment from KuCoin Labs with MojitoSwap. The investment from KuCoin Labs will better assist MojitoSwap to improve its products, operations, branding and liquidity. In the future, MojitoSwap will gradually improve the liquidity mining mechanism, expand the support for NFTs, and strengthen the product experience to be more user-friendly. Meanwhile, MojitoSwap will also accelerate the support for native and cross-chain currencies on the KCC chain, with more projects to be launched on the MojitoSwap LaunchPad and Bar.
As a DEX at the bottom of the ecological foundation of the chain, MojitoSwap hopes to build a bridge between KuCoin and high-quality projects on the KCC chain, and jointly build a common prosperity on the chain.
This strategic investment has come perhaps at the right time and could be the extra push that the price needs right now to break above the 19.180. I don't believe these low prices will last for long on KCS and I am a big buyer myself. I suggest that you don't miss out on this opportunity either and get in now that it is still early.
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KCS reaching the breaking pointKCS has been hitting a resistance since 16th of January but with time EMA 200 rose and price it's now enclosed between that and the resistance at 21.192 USDT. From a chart pattern point ov view this appears like a rising asymetrical triangle and even the fact that volume is decreaseing could be in line with a possible upcoming breakup which is a very good bullish pattern but overall indicators are uncertain.
I think you could start DCA if price hit lower support and bounce back OVER EMA 200, and despite this you should use a stop loss anyway considering the current market situation. Right now I wouldn't give anything for accounted.
If instead it breaks downwards you might look for shorting opportunities (I'll post some updates if I can).
Our number one rule now must be not risking anything and avoid to remain trapped with some bags (trust me I speak by personal experience).
Good luck
KCSUSDT Short-term approach around the 4H MA50The KuCoin Token got rejected early this month (March 01) on its Resistance Zone (1) that is holding since January 16th, practically almost 2 months. The symmetrical Support (1) held on March 07 but the rebound was short-lived as it got rejected on the 4H MA50 (blue trend-line).
In our opinion, this holds the key for the coin's immediate price action. If the 4H MA50 breaks, we expect another Resistance 1 test within 21.000 - 21.230. A 1D candle closing above it, would justify the test of the next Resistance (2) at 23.200.
On the other hand, a break below the 17.530 Support (1), would be a sell signal with the 16.020 Support (2) as the target.
So far the 1D CCI (indicator below the chart) is at the same levels of February 23. This also supports the above argument, as when 17.530 broke with the CCI collapsing to -200.00, KCSUSDT hit 16.020.
Keep also an eye on the Internal Pivot trend-line (dashed line) for a potential bounce, as it has bounced the price 5 times already since January 17.
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KCSUSDT testing the Support of the 1D MA200The KuCoin Token is trading since yesterday late session on the 1D MA200 (orange trend-line). On February 24, the price marginally broke below it but on the very same 1D candle it quickly recovered and started a rebound back to the 1D MA100 (green trend-line), which has been the main Resistance since the January 20 sell-off. Practically this is a range-bound short-term trade for quick profit within the two MA periods.
The level within the 1D MA200 and slightly below though is a massive Support Zone and we've seen the very same supportive reaction back in May - June 2021. The two fractals are quite similar, with KCSUSDT being range bound within the 1D MA200 Support and the 1D MA100 Resistance. Another key indicator is the Ichimoku Cloud, which right now has just turned green. It did the same on July 31 2021 and that marked the bottom on KCS and the beginning of the next mini Bull Phase.
The immediate target is the 0.618 Fibonacci retracement level at $23.00. It is possible that the next Bullish Cross on the MACD indicator, will confirm that, as it did on August 01 2021.
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KCS/USD - Flat trend continues under $21 resistance! 🤔KCS has been stuck in a tight range for over a month now. The resistance at $21 has held price from any attempts to move higher fou times so far.
The support at $19 was broken only once during the Russian invasion of Ukraine, but then the price quickly recovered and went back into its current range.
This consolidation is welcomed because it follows after a significant downtrend that started in December 2021.
Now, the price is stuck in a grey zone from where it can go in either direction. BTC will likely lead the way and is found in a similar situation (see my BTC idea below).
The indicators on KCS remain flat as well without any strong trend. Hence, best to be patient in such moments and let the market decide before taking a position.
The bias remains neutral for KCS in the near term.
KCS will require quite a bit of volatility to break its current range. This is lacking right now, so we wait.
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