KCS | KuCoin Token | Will The Price Rise Again?KCS | KuCoin Token | Will The Price Rise Again?
Yesterday we all saw a strong sell-off on Bitcoin and a crash in all the crypto markets!
As we know all the Crypto market is correlated to the BTC movement,s.
However In our trading scenario after the price broke out of the wedge pattern
it made a pullback yesterday by moving down by 5%.
From the technical ,perspective the pattern is still intact and the correction looks normal.
The chances are very high that the price will increase again during the coming week.
We should also note that BTC is close to a strong support zone and should grows further.
Thank you and Good Luck!
Kucointokenforecast
KCSUSDT 12h Short-term long trade with tasty P/L ratioSince the publication of the idea of KCSUSDT last week, the KCS price has fallen a little short of its target.
However, we see an accumulation of forces above the $10.4 level for possible continuation of growth.
And taking into account the fact that we are also waiting for a price increase in the BTCUSDT pair
You can try a short-term long trade under the following conditions:
Entrance $10.56
Stop $10.294 (-2.5%)
Take profit $11.90 (+12.7%)
P/L ratio 5/1
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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 :)
KCSUSDT 6h Continuation of the rise of the KCS price to $11.24Last week, we suggested moving up the stop order to $9.91 to preserve +11% profit in the event of a market correction.
The correction of the crypto market took place, the stop should have worked.
But it turns out that the KCSUSDT price adjusted more weakly than the BTCUSDT price
So the conditions are now in place for continued growth KCS price to the target of $11.24.
From the current point, long is more risky.
But if the KCSUSD price breaks the triangle upwards and is fixed above $10.40, then 8% growth will become very likely.
Of course, everyone makes trading decisions personally related to his deposit and risks they are willing to take on their. We are just sharing here our view of the market
Have a nice 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 :)
KCSUSDT 12h We expect KCS growth to continue, but...Today we updated the KCSUSDT, which we presented as a long medium-term trade
Our initial take profit target of $11.14 is still relevant at this time, because as we wrote yesterday in the BTCUSDT idea, there is a chance for another upward impulse
However, the crypto market is a volatile thing, so we recommend moving the stop of the position, in the area of $9.91
Such manipulation will allow you to save a part of the profit (near +11%) that is shining at the moment on the trade
Everyone have a nice, calm and profitable weekend)
_______________________________
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 :)
KCSUSDT 1D Entry points for medium-term tradesThe Kcsusdt price of continues to move along the falling channel and in its lower part.
The other day, the KCS price fell to a critical level of around 8 dollars, where it was the last time a year ago. And now buyers are trying to turn the Kcsusd price upwards together with the crypto market.
It is also valid to assume that a global trend reversal of the Kucoin token price movement can occur through "the Head and Shoulders pattern"
And also we found a fractal of the price movement, which fits into the possible movement of the KCS price with an H&S pattern.
Everyone has to decide individually where to buy KCS here.
From the bottom of the descending channel to the top +100% price movement.
The next safe long entry point is if and when the KCS price fix above $12. But the possible upward movement of the Kcsusdt price from there will be only +45%
_______________________________
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 :)
KCSUSDT 1D Buys and sells zones for Kucoin TokenLast week, we wrote that the purchase KCS at $10 for long-term trade can be considered a profitable purchase.
The trade is relevant, and the possible reversal pattern "Head and Shoulders" is also relevant and possible.
If you missed last week's idea, today fate gives you another chance to buy KCSUSDT
Purchase zone $9.05-9.55
Short-term take profit - $12.55
Medium-term take profit -$17.40
Global and critical stop for all positions below $8.24
_______________________________
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 :)
KCSUSDT 1D There are signs for start growingThe KCSUSDT price continues to move in the global falling channel. This channel can be interpreted as a global "bull flag"
The first signs of reversal pattern formation appeared on the graph.
We can assume that a reversible pattern, the "Head and Shoulders" will be formed. In the left shoulder the largest volumes, in the head despite the fact that the price has updated the minimum volumes have decreased. Further, according to the scheme there should be an increase in the KCS price on mediocre volumes, without strong resistance of sellers from above.
The first target from above + 80% at the intersection of the upper boundary of the falling channel and a strong mirror level $17.80
_______________________________
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 :)
KCSUSDT 1D Long-term investment #1At the beginning of the year, we have published a serial of ideas introduced an investment trade into token Kucoin KCS, with a weekly updating of our opinions about the KCSUSDT price movement, and how we manage the position
The result is the break-even stop for +2.5% that we received when the whole cryptomarket began to fall.
More detail what we have chosen this token for medium(long)-term investment and the last update of the idea below:
Further, we only do shot short trades, because the market went into the stage of correctional fall.
And the other day, we have released a global idea on BTCUSDT, which noted that in our opinion, the price is now in a critical zone from where a not bad grew could be organized. More in more detail in the idea below:
Therefore, we will try to restore the investment section in the KCS, and every week we will update the information how we manage the position.
Considering that we expect growth in BTCUSD pair is a big chance that the rest of the cryptocurrencies will be tightened up by the main trade couple.
The price of KCSUSDT has bounced very well after May fall and now, after a weak correction (which may indicate the power of buyers) tries to fix above the mirror level of $15.00
Therefore, given the above facts, we offer the following input data for a long -term position:
Entrance in the range of $15.25-15.75
Stop below $10.99
Take Profit in the area of $41.50
Profit/loss ratio 6/1
We expect that the summer can give a not bad wave of growth, of course, if there are no force Major.
So, if you are interested in this section: Put a like, write a comment and subscribe to us , and we will update the information every week how we manage this position and what we see new ones on the KCSUSDT chart.
KCS 1D Step-by-step long-term investment #9We 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.
We are moving the stop on the position up a little bit to $14.89 , and now it is -15.69%.
As we suggested in the previous idea, this week there was a correction in the crypto market. The price of the bitcoin went down, followed by all the alts.
But what is interesting, yesterday, when the price of BTCUSDT went down in a wave and updated the weekly minimum, the price of KCSUSD did not update the minimum, the buyers kept it on a dynamic green level.
If you look at the history of KCS trading, then after the price consolidate at this green level, it started a good growth.
The first target for the growth of $23.50 is +17% from the current price, which can already be a good result in a short period of time.
We are waiting for the second target of $34 and the third of $42.80
_______________________________
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 1D Step-by-step long-term investment #8We 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 +15%, but we do not fix this profit because it is a long-term investment.
Also, the stop on the position is still unchanged - $14.24 , because there is a possibility of price correction on the chart of BTCUSDT
It is very likely that there will also be a price correction on the KCSUSD chart.
If the correction will not be lower than $17.66 , then, firstly, it will indicate the super strength of the buyer and accordingly the prospects of a strong growth trend in the future. In that case, the take profit target will be shifted to $42.8.
Secondly, it will be a very tasty bargain for those who didn't manage to buy KCS.
If the correction goes lower than $17.66, but within the growth channel, that is - roughly speaking - higher than $15, then the fixation target for the long position will be about $34 for 1 KCS.
By the way, we drew a dynamic fibo growth channel on the chart, so that it was more clearly visible how the price moves up, taking into account the dynamic support and resistance levels.
_______________________________
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 1D Step-by-step long-term investment #7We 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
A week ago we have three orders opened, and now we have a long-term position with notional $900 with an average entry price of $17.66. At that time, the position was still loss-making, and we did not place a stop due to high volatility in the market.
Today the position shows +5%, and we can already put a logical stop on the position.
As can be seen on the chart, we have a trade with the following conditions:
Entry = $17.66.
Stop = $14.24
Take Profit 1 = $36
Profit/loss ratio = 5/1
On the one hand, you can say that the stop is large, perhaps, but the ratio of potential profit to loss is acceptable for a long-term investment, and we do not want to lose a position at a nice price.
In the same way we will manage the position in the course of price growth: rearrange the stop, fix profit on the part of the position, etc. If this is interesting for you, in order not to miss the update, subscribe to us, give us your likes and comments, and then tradingview will be the first to inform you about changes.
_______________________________
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 1D Step-by-step long-term investment #2We decided to make every week idea for long term investment in Kucoin token
A week ago our investment showed +12%, but today the value of KCSUSDT fell by -12% and is now in the buying zone .
For us, it is a minus, but for someone it can be a profitable buying opportunity. But we stick to the strategy described in the previous idea, so anyone who is interested should reread it to understand the logic of our actions.
From the pluses:
- BTCUSDT fell by -11% KCSUSD by -12% over the week i.e. KCS does not shed much, as risky alts can shed almost twice the price of BTC
- the price was kept on the mini-trend, which have been drawing and pushing up since early December.
- There were no increased volumes on price decrease, i.e., large holders didn't dump their assets, we are waiting for the burst of volumes on the upside movement.
There are different trading strategies and everyone chooses it for himself: with or without stops, the time available for trading, the amount of investment or the state of his nervous system.)
We have restricted this investment with a stop loss of 9.32% and these are the risks we are willing to accept
_______________________________
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 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 :)