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Kucointoken

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!
Short
by DU09
4
🔥 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!
Long
by FieryTrading
11
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 :)
by P_S_trade
24
KCS/USD - Bearish Cross Warning! KCS under Pressure!Kucoin Token (KCS) just made a bearish cross on the 3-day MACD. This is a major warning that the current uptrend may come to a halt soon. Key support: $17, $15 Key resistance: $26 Price is currently still above the $21 level, however this will likely not last due to the bearish momentum that is currently building up. If buy pressure does not return soon, then price will likely fall to the next key support at $17. The key resistance still sits at $25. Technical Indicators: Volume: Weak volume in the past few days and the price action shows this as bulls struggled to keep price above $21. This is bearish. RSI: The RSI has made lower highs even as price made a new all-time high at $28.7. This is a bearish divergence which may empower bears to take control of price in the near term. MACD: As already indicated, the moving averages on the three day timeframe did a bearish crossover. This is a major warning sign that a reversal in the trend may be taking place, at least in the near term. Bias The bias for KCS is mildly bearish at this time. If price falls and closes on the daily timeframe under $21, then KCS is likely to test the lower support level found at $17 and $15. Short-Term Price Prediction for KCS If the bearish crossover on the MACD is confirmed, then KCS is likely to fall under $20 and search for new support. Once the bulls find their footing again, the uptrend can resume. Until then, the short term bias remains bearish.
Short
by DU09
KCS 1D Looking at the graph, we believe in growthToday, we suggest analyzing how KCSUSDT price behaved during the recent crypto market crash. But first, we recommend rereading our series of ideas for the pair KCSUSDT to understand the logic of our thoughts, below you can see the previous one. As you can see from the chart, our buy orders in the $20-21 area are fully executed, but the buckets to spill into the $13-15 area are not filled. This is both sad and happy. Sad , because aggressive buyers did not allow us to buy cheap, and happy - because the buyer's confident payoff confirms that we analyze correctly and there can be a good growth ahead for the KCS price. The large shadows from below on the daily candlesticks (circled in red) signal aggressive buying on the market pouring in, and technically we got a filigree retest of the liquidity zone from April 2021. We will still hold buckets on the strait in the $13-15 zone, but we very little believe that the price of KCSUSD will fall there, because the price behaved decently on the previous fall. It's more likely that the KCSUSDT will probably quickly get the first intermediate price from above - $36. Global targets unchanged $100-110 per Kucoin Token _______________________________ 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 :)
Long
by P_S_trade
44
KUCOIN made a MACD Bullish Cross. Quick buy opportunity.KCSUSDT survived last week's crash with a Double Bottom, creating a Support Zone within 17.900 - 18.100. However the MA200 on the 4H time-frame (orange trend-line), has rejected the rebound so far and is posing as the new Resistance. That is a trend-line that was previously the Support of the uptrend since October, so it is critical to break if KuCoin is to see another sustainable rally. Basically this can be used as a confirmation break-out signal. That may be a good buy opportunity on the short-term as since October 13, every time the MACD made a Bullish Cross, with the CCI indicator (all on the 4H time-frame of course) on Higher Lows after the price made a Support, KCS rallied with each rise varying 14% to 44%. Naturally, once the new technical Resistance set by the 4H MA200 breaks, short-term traders may target 25.300, 27.700 and 30.000 in succession. Don't miss this unique buy opportunity! -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
6
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
KCS 12h Buyers do not give up, next it will be more interestingAnother week has passed, and we are doing the idea of the pair KCSUSDT again The weekend was very interesting, but let step by step First, to understand the logic of our thoughts, we recommend you to look through our series of ideas for the KCSUSDT trading pair We wanted to buy KCS at $20-21 , moreover, we even bid buckets in the range of $13-15 , but the price is not going down) And we see global goals for growth in the area of $100-110. Now let's have a look at our idea of BTCUSDT, which we also wrote last week. And now let's compare the charts. As you can see on today's double chart, on 26.11 there was quite a strong fall in the cryptocurrency market, but the price of BTCUSD updated the minimum, but the price of KCSUSD was held by aggressive buyers and did not allow to update the minimum. We see that Bitcoin and KCS form different consolidation patterns, but from our own experience and observations we now bet on the continuation of growth In crypto anything can happen and no one is insured from "black swan" , that's why we still hold buckets at $13-15. However, the fact is that the price Kukoin token is kept strong and in our desired buying zone of $20-21, we have performed only one buy order, maybe we will have to buy higher, time will show) _______________________________ 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 :)
by P_S_trade
46
🔥 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 1D Long buy zones in the description of the ideaLast week, we looked at the trading pair KCSUSDT on the global chart and weekly time frame. By the number of likes and comments, we realized that you are interested in this trading instrument, so today we will look at its prospects on a smaller time frame. For starters, we offer you to review our previous idea in order to understand our thinking globally: And today let's take a look at the chart on the daily time frame. During the week the value of BTCUSDT fell by 10% (at the time of writing the idea) and the value of KCSUSDT fell by 10% too. Decent behavior and reaction as for the altcoin to the volatile maneuvers of BTC, usually altcoins lose much more on the fall than BTC. In a previous idea we marked the $20-21 area as a tasty one for buying a mid-term investment position, since then the low was $20.74. Since we still allow the possibility of updating the low of BTCUSD in the coming days, the possibility of KCSUSD coming down closer to $20 also has a chance to live. Also, you can check how lucky man you are and place buckets to buy KCS in the liquid zone of $13-15 in case of sudden and unexpected spill of the whole cryptocurrency market (unfortunately or fortunately, such situations happen) However, the global benchmarks for growth unchanged are $100-115 If you want us to continue our series of ideas on the KCSUSDT trading pair, write about it in the comments and give us a like _______________________________ 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 :)
by P_S_trade
47
🆓KuCoin Token (KCS) Nov-21 #KCS $KCSKCS has been holding the $22 zone for almost a month, so we can expect it to continue to rise to the $28 and $36 zone in the near future. If it loses the $22 zone, we'll wait to buy it back at the $18 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 22$ zone 🔴Buy : 24 - 22 🔴Sell : 28 - 36 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 22$ zone 🔵Sell : 22 🔵Buy : 18 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
2
KCS/USD - Support held, KCS aiming for $34 next! 🚀Kucoin token (KCS) had an attempt to push higher after breaking above the ascending triangle, however the broad market correction from this past week stopped it and price fell back on the key support. KCS price is now again trying to move higher. Key Support level: $21 Key Resistance level: $34 This week, KCS consolidated just above the support line and even if the crypto market had a sharp correction, KCS managed to hold well above the $21 support. This is a sign of strength and provided that the overall market does not correct lower, KCS has a real chance to move higher towards the next key resistance at $34. Technical Indicators: Trading Volume: Significant volume in the past few days, however bulls came in strong at the support level and stopped any attempt from bears to push price below $21. RSI: The RSI is curving up and this last 2-day candle is looking strong, recovering most of the losses from the past week. As such, the RSI may soon break back above 70 points. This is a very bullish signal. MACD: The MACD is bullish and the recent correction did not affect this momentum. If KCS can maintain this price action and continue to move higher, then it is unlikely there will be much to stop price reaching $34. 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: Despite the recent market correction, KCS has remained very strong and recovered most of the losses. At the time of this post, price is sitting at $25 which is not far from the current all-time high (ATH) at $27.8. If momentum remains strong, KCS can rally and break the current ATH and move towards the next key resistance at $34. Like and follow if you liked my idea!
Long
by DU09
3
KCSUSDT Why I think KuCoin is worth investing in more than BNBI rarely compare two coins against one another but this one is worth the effort as I believe it will help long-term investors decide where the majority of their portfolio should be invested in. In doing so, I will apply both technical and fundamental analysis in my attempt to explain why I think that the KuCoin token (KCSUSDT) is worth investing more than the Binance Coin (BNBUSD). ** Technical Analysis ** Starting off on a technical approach, the chart above displays both coins on the 1D time-frame and a 12 month horizon since their December 2020 lows. As you see KuCoin has been outperforming BNB on all technical parameters: - From the December 2020 lows to their April/ May 2021 highs, KCS grew by +2900% more than BNB's +2600% during that time. - Following the May crash up to the current November highs, KCS grew by +560% again outperforming by more than twice BNB's +230% growth. - During that rally, KCS September's low was contained on the 0.5 Fibonacci level and the 1D MA200 (orange trend-line). On the other hand, BNB proved less resilient as not only did it break below the 0.5 Fib and the 0.382 Fib, but also considerably below the 1D MA200. - Right now KCS is well past its April highs, almost on its 1.236 Fib extension, while the BNB hasn't yet broken above its May highs. From the analysis above it easily becomes obvious how the KuCoin has been showing much more promise throughout the year than the Binance Coin, offering long-term investors greater value. There is no reason to believe this won't continue into the future as the fundamentals of KCS remain strong and I will explain some of these factors on the Fundamental Analysis that follows. ** Fundamentals Analysis ** First of all let's start with some basics that will serve as an introduction to KuCoin for beginner traders and investors that are not very familiar with: 1. What is KCS? KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. 2. How is KCS related to KuCoin? As the native token of KuCoin, the value of KCS is strongly correlated with KuCoin exchange platform. KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges.​ It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world. ​Known as "People’s Exchange", KuCoin provides users with 24/7 multi-language customer services. Meanwhile, KuCoin has established about 19 local communities in North America, Europe, SEA and other regions, providing users with highly localized services.​ As the home of crypto gems, KuCoin has supported over 540 projects with 960+ trading pairs. A number of promising projects like BLOK, KDA, ZKT, and MOVR had primary listing on KuCoin.​ In November 2018, KuCoin announced $20 million (USD) round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the third biggest crypto exchange. In 2021, Forbes Advisor named KuCoin as one of the Best Crypto Exchanges.​ As a KCS holder, you will be able to get a daily KCS bonus which comes from 50% of KuCoin daily revenue. So as long as KuCoin grows, the daily KCS bonus will grow accordingly. 3. What is KCS Bonus? KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. It is also regarded as one of the best ways to make passive income. Users who hold at least 6 KCS can get a daily bonus, which comes from 50% of KuCoin’s daily trading fee revenue. The amount of rewards that users can get depends on the number of KCS holds and the trading volume of the KuCoin Exchange. With the increasing trading volume of KuCoin, the estimated APR of KCS bonus exceeds 15% lately, which makes more users willing to hold it. 4. How’s KCS related to Spotlight? KCS holders can participate in the token sale on KuCoin Spotlight. KuCoin Spotlight is a platform that serves early-stage crypto projects and its initial token distribution. KuCoin users can participate in the early investment of their preferred projects through Spotlight, and gain profits. According to the historical data, KuCoin has launched 14 Spotlight projects, with the highest ROI exceeding 2763%. To name a few, LUKSO has reached a 122 times increase in token price, and PDEX price surged by 114 times. Take LYXE as an example, now the LYXE price is $34. And the Spotlight token sale price is $0.22 USD. If you participated in LYXE's Token Sale On Spotlight at that time, your investment income would be over 100 times. 5. How’s KCS related to Burningdrop? KCS holders can join BurningDrop. BurningDrop is a fair token distribution platform, and has supported the token distribution of a wide range of blockchain start-ups so far, including HORD, TCP, LOCG, LNCHX, XCAD, etc. Users can access the project token by locking a designated amount of crypto assets. In addition, users can designate tokens to increase their computing power for more token distribution. So far, the average ROI of projects that were listed through BurningDrop exceeds 3814%. 6. How’s KCS related to KCC? Another important milestone for KCS is the development of KCC, which is a decentralized public chain built by the fans of KCS and KuCoin’s fan communities. KCS is used as the only fuel and native token for KCC and can be used to pay gas fees. KCC is a decentralized public chain with high performance. It features high throughput, low latency, low transaction cost, and satisfactory security and stability. In addition, it aims to improve the on-chain processing power and performance with the Proof of Staked Authority (PoSA) consensus mechanism by reducing the block confirmation time to within 3 seconds. It adopts KCS as the on-chain gas fee to reduce the overall transaction costs. By building up a "faster transaction confirmation speed," "higher transaction performance," and "lower transaction fees," KCC aims to provide community users with faster, more convenient, and lower-cost experiences. The number of KCS addresses grew steadily in 2021. We’ve seen a positive impact on the growth of KCS holders after the mainnet launch of KCC in this June, the KCS address growth on the KCC public chain contributed to 45% of the overall growth this quarter. According to KCC Discover, the TVL in KCC is close to 40 million with projects like Mojitoswap, Kuswap emerging. 7. What is KCS burn? KCS’s tokenomics is deflationary. The KCS team is executing KCS buyback and burn regularly. Starting from January 2021,to accelerate the process of KCS burn and adapt to the market development more efficiently, the KCS team decides to adjust the period of KCS buyback and burn from each quarter to each month. In each period, 10% of the net profit will be applied to the buy-back of KCS. In the past three months, more than $6.68 million KCS has been burnt, and it surged almost 14x QOQ. In 2021, KuCoin has burnt over $20 million KCS, about 3x higher than the accumulated burnt value in 2019 and 2020. 8. Where has KCS been listed? KuCoin is the biggest market for KCS with a daily average volume of 20 million. The liquidity of KCS keeps improving, as KCS has been listed on exchanges including KuCoin, MXC, Poloniex, AscendEX (formerly Bitmax) and Probit. 9. What are the other use cases of KCS? KCS, as a payment method, also has a lot of use cases in daily life. You can go shopping on the internet, book a hotel and play games via KCS. More application scenarios include: 1) SwirlPay, a decentralized payment service, supports KCS payments. 2) PlayGame, a direct-to-play gaming platform, enables users to play games with KCS. 3) KCS can be used to make hotel reservations on Travala, the leading blockchain travel booking platform. 4) Purchase fashionable products on Print-ted with KCS. 5) KCS is able to serve various offline and online payment scenarios via Pundi X. 6) Use KCS to buy monster card packs on Splinterlands. 7) Collateralize KCS to borrow US Dollars (USD) and Vietnamese Dong (VND) on Constant. 8) CoinPayments, a borderless online payment platform, accepts payments in KCS. 9) BetProtocol added KCS as the main token used on their gaming applications. ** Conclusion ** The combined analysis above and especially the fundamentals behind it, give you only a slight idea of KCS's huge potential both on the short and long-term. If you are looking for an exchange's token to invest your capital in, or any coin in general, I strong recommend the KuCoin token against the others. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
20
KCS 1D Has good prospects for growthToday, our attention was drawn to the token of the Kucoin cryptocurrency — KCS First of all, KCS attracted our attention by the fact that when the crypto market in the last days went to the correction, the KCSUSDT price updates its historical high. KCS is a working token that provides additional bonuses and privileges to Kucoin holders and users, in addition to the theoretically possible price growth. Similar to BNB from Binance, but the price is 30 times lower. Today, let's take a look at the global chart of what the KCS token has prospects, and in the future we may write a whole series of ideas on how we like to do it with tokens and coins which we think are technically going. So, a little history: The previous ATH of the KCSUSD price was fixed at the end of December 2017, when the end of the altseason continued throughout the crypto market — the high of $21.30. During 2019-2020, someone very confidently gained a position, smoothly, in the wide range of $0.70-$2 , everything is as it should be before further growth. However, on 25 September, 2020, a "trouble" occurred — the Kucoin exchange was hacked and taken out according to various estimates from $250 to $285 million. As you can see in the chart, from the moment of the hack and while the funds were sought and returned, the KCSUSDT price fell by another -40%. But as people say, "what doesn't kill us makes us stronger." The Kucoin management assures that due to close cooperation with other cryptocurrencies they managed to return 84% of what was stolen, and 16% they returned from their own reserves. That is, ordinary users, as you and I were a little scared, and convinced of the customer orientation of the exchange. And the KCS token value has grown a lot since then and as many as +4100%, so those who believed and supported were generously rewarded. Accordingly, what prospects do we see: Now a small correction of the KCSUSD price in the zone of $20-$21 is possible and there is a good zone for purchase in a long-term long. After all, the target for growth is at least x5 in the zone of $100-$110 for one KCS. If you are interested in this token, and possible movements of its price in the future, write about it in the comments. We will see your interest, then once a week we will publish updates on possible price movements on smaller timeframes. _______________________________ 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 :)
by P_S_trade
44
KCS/USD - Consolidating before another leg up! $34 Next? 🤩Kucoin token (KCS) had a fantastic year with a 30x price increase since January! This strong performance is expected to continue as long as the market remains bullish. Key Support level: $21 Key Resistance level: $34 This week, KCS broke the all-time high from Jan 2018 ($21.3) and set a new record at $25! Since then KCS has been consolidating above the $21.3 support level (which was previous resistance). The price has also formed a very steep uptrend which so far has held strong. If the current support holds, expect to see KCS attempt to go much higher with the next key resistance sitting at $34. Technical Indicators of KCS Price: Trading Volume: Volume exploded as soon as KCS broke above the all-time high from 2018. This confirms the breakout. RSI: The RSI has been hovering around the 70 points area for a few weeks now. This shows a strong bullish momentum. However, the RSI has also formed a bearish divergence on the daily timeframe. This may indicate a consolidation period or even a short lived pullback is possible before further price increase. For now this is not confirmed and a break of the trendline is needed to confirm it. MACD: The MACD is bullish, particularly on higher timeframes such as weekly. While the daily histogram is making lower highs, this does not become concerning unless KCS break below the key support. 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: KCS has a very strong momentum behind it as indicated by the steep trendline. So long this is maintained, KCS can make further gains without any significant pullbacks. Expect to see KCS price just above $21 in the near future. If bulls can defend the $21 support level well, then KCS can aim higher towards the next key resistance at $34. Like and follow if you liked my idea!
Long
by DU09
4
KCSUSDT UPDATEHello Friends , Welcome to our KCSUSDT 4h chart. As we are seeing in the chart. Thus the UP TREND is going on. Price making higher high. But the price is at Established Support Line by hitting the Resistance line. If the price breaks the Established Support line then the price go Higher- Low which will be a reversal of the UP TREND. That is , the price moves towards the DOWN TREND. Looking at the RSI and Chart Patterns , we see that a Bearish Divergence is forming here. Which is the beginning of Down trend. Thank You And GOD BLESS YOU ALL!
by cryptorider633
2