Kucoin might form an ABC corrective patternWe already see a strong recovery by KCS and this can eventually turn into an uptrend. Although as long as the recent high holds, there is a chance of an ABC corrective pattern.
KCSUSDT trade ideas
KCS/USDTkcs / usdt
It is located in a long-term downtrend.
Break your $ 17 resistance.
If it can break the $ 19.5 range, it could rise to the $ 27 range.
#KCS #KCSUSDT #BTC #BTCUSD #LUNA #LUNC #UST
KCS | KuCoin Token | One Channel At a TimeKCS | KuCoin Token | One Channel At a Time
After BTC dragged down all the other cryptocurrecies the market looks
like it is moving from the panic side and it is getting back to the normal trading routine.
This is getting more clear now as long as the broker's token is recovering very well in price.
The price is correcting lower and it looks like it is close to the completion of a
"Descending Channel Pattern"
The minimum movement that will come for the short term traders it will be +11%
Thank you and Good Luck!
KCSUSDT wants to retest the 18$From my previous analysis we made more than 27% and the price followed my drawing. Now the price is testing the monthly as new support after the first rejection.
The market created a V pattern on 10$ and now the price wants to retest the 18$.
How to approach?
IF the price is going to have a breakout from the 4h resistance According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KuCoin KCS; Possible Bullish ReversalHello Traders! CTDave here again with another daily price analysis chart.
Today I will be analyzing the Kucoin token KCS.
Let's take a look at the 15-minute timeframe first:
So as you can see, there is a downward channel that formed. Right now, it has hit the support So you can expect a tiny reversal to the next resistance area. After that, a drop can be expected to around ~$13.50 which is indicated by the red arrow going down with a small retrace, as you can see. Afterward, a rise will follow up to the orange resistance line.
Now, let's look at the 2-hour timeframe:
As you can see, we are in a bullish breakout triangle which is inside another breakout triangle as can be seen from the 1-day timeframe:
Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
KCSUSD ❕ downtrend channelKuCoin Token broke the uptrend channel.
The price is testing 50MA on 30m Timeframe and moving in downward channel near an upper boundary.
I think that the price will test an upper boundary of channel and it will fall after fixing under boundary.
Will KCS/USDT back to downtrend ?Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want talk with you about KCS chart.
Price was close to the last strong support line and bounced.
KuCoin can start making new downtrend now or after one more retest or support line.
Price can support level ($15) after that and probably will break it.
If this will happen, KCS can go lower and have chances reach support zone.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
KuCoin Token (KCS) - May 26hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(KCSUSDT 1W Chart)
Below the 6.859-7.562 section: There is a possibility of entering the mid- to long-term investment area.
Above 10.230: Expected to create a new wave
(1D chart)
If it finds support above 15.880, I expect it to turn into an uptrend in the short and medium term.
However, due to the volatility of BTC, there is a possibility of temporarily touching the 13.450-14.093 section, so careful trading is required.
(buy)
- 1st buy: After confirming support at 15.880
- 2nd purchase: After confirming support near the 13.450-14.093 section
(Stop Loss)
- When it falls below 12.511
(Sell)
- When receiving resistance near 19.007
- When receiving resistance in the section 21.376-22.189
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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KuCoin - Under the HoodThis is purely our Technical analysis and our humble opinion.
So, don't get us wrong KuCoin is a nice exchange; not the best but it's good. We have done all kinds of research and testing and it is not our favorite but it ranks in the Top-7 of our research.
Regarding our chart:
16,25 is a BIG resistance and the price does not seem to have the momentum to rise higher.
What is worrying us is that the next support is at 9,45 which is very far away... and this calls us to go short here.
Again, that's our opinion, DYOR as always and remember to HEDGE.
One Love,
the FXPROFESSOR
KuCoin | Gartley Pattern Is Developing Well | Next Target $20KuCoin | Gartley Pattern Is Developing Well | Next Target $20
From the previous analysis on KCS (Kucoin Token), we can see that the
Harmonic Gartley Pattern worked out very well.
The price reached the first target and now I am expecting only a small pullback.
However, this pullback may not happen as well.
If the price will move lower we will have the possibility to buy again and the first
short term target will be the top of the flag at 17.11
Next target will be 20
Thank you and Good Luck!
KUCOIN WILL CONTINUE GROWING ! BUT WHEN ?Hello my friends, today I want to talk with you about KCS/USDT.
Price reached resistance area and is trading in range now.
I'm waiting that KuCoin will test this area and break range soon.
I think can be two ways of growing.
If price will break upside of range, KCS/USDT can also break resistance area and try reach step by step next resistance (21.200).
But if KuCoin will break downside of range, price can go down at first to retest support (13.850).
In my opinion price can pull back after that and try to make new uptrend.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
🔥 KuCoin Token V-Shaped RecoverySince the major crypto capitulation a couple of weeks ago, KCS has seen one of the strongest and resilient recoveries in the crypto space.
However, with BTC not showing any signs of overall bullishness, I'm not entirely sure if KCS can keep trading this strong bullish trend. When we connect the all-time high and the April local top we can construct a falling resistance which will likely trigger sell orders and shorters. I'm expecting a lot of pressure around this area. So, unless BTC will see more green days I'm wary of KCS's rally.
KCSUSDT Up +80% from its Low. Levels to watch next.The KuCoin Token (KCSUSDT) has risen more than +80% since the May 12 Low. By doing so, it broke again above the 1W MA50 (red trend-line) which was the Support during the rise of 2021. Closing the week above it, strengthens the case of a market bottom.
However, we still have a set of Resistance levels to consider on the short-term. The 1D MA50 (blue trend-line) is right above but in my opinion it is the 1D MA100 (green trend-line) which is more important as during the last rebound from a Lower Low (as you see the long-term pattern is a Channel Down), it rejected the price three times. The 1D MA200 (orange trend-line) shouldn't pose much Resistance if the 1D MA100 breaks.
As a result, if we get a 1D candle close above the 1D MA100, I expect a strong extension to the 21.300 - 22.000 Resistance Zone, which has been rejecting break-out attempts since January 05 2022 and is the difference between the start of the new Bull Cycle and the extension of the current Bear Cycle. A rejection on the 1D MA100, should set in motion a new sell-off to the lower Fibonacci retracement levels.
A break above the 62.80 RSI Resistance, adds more to the bullish case.
I have to mention that overall on the long-term, I view KCSUSDT as one of the best investments in the market. The exchange is always backing the token and enriching the project with new fundamentals.
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KCSUSDT is ready for the monthly pullback?the price tested the demand zone on 10$ and get the new liquidity.
Now the price is testing the resistance on 12.5$ after the breakdown from the ascending channel (weekly)
How to approach?
IF the price is going to have a breakout from it, and retest the 12.5$ as new support, we could see a new pullback until the monthly level at 15$, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KCS | The Price May Reach 20.9 Next MonthKCS | The Price May Reach 20.9 Next Month
After the BTC movement and the Instability created by LUNA now
we can see that the market is getting more stable.
The bearish movement on KuCoin was only due to the instability of the cash shift and the panic created in the market.
It looks like everything is getting normal as this token was really undervalued.
Technical Perspective:
KuCoin completed a deep bullish Gartley pattern by testing very old price levels in this way.
Price is moving up again and it is headed to test the normal targets of the pattern.
We can see only small corrections during the bullish price movement.
The first target can be reached during this month and the second target can be reached maximum
up to the end of the next month. I am considering also the fact the Bitcoin is holding the support level
very strong.
Targets:
🎯 16.86
🎯 20.96
Thank you and Good Luck
KCS/USDT needs a correction before next upward impulse to 20$Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want talk with you about KCS chart.
Price grew up from 9.5$ to 17$ without any massive corrections in only 10 days.
Current strong support level is 15$, I think if price will have correction to this level.
It will good opportunity and fuel to continue upward movement and to make new impulse.
I can indicate resistance zone 18.5-19.5 and resistance level 19$ I think this can be our target.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
KUCOIN Next MoveKUCOIN Next Move
The Fresh Monthly Supply zone is an interested zone. Wait for Crypto Futures trade in the zone.
What's your take?
comment below
cheers
#kucusdt
KCS/USD - Full steam ahead towards $21! 🚀KuCoin Token has had a great past week with price quickly moving above $14, turning it into support and now rallying towards $21.
The momentum is bullish and the overall market is also giving signs of a significant relief rally incoming.
This may be a much needed change in the price action after two months of non stop price drop.
The daily indicators are all bullish right now, but volume appears to fade a bit. As price approaches $21, the sellers will start coming back in force and likely will do their best to defend this key resistance.
Expect to see profit taking as price approaches $21, then reassess.
For now bias remains bullish.
Like and follow if you liked my idea!
KCS is a beast!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
The picture is self-explanatory.
As per my last KCS analysis here, we were looking for buy setups around the 10.0 as it is a strong support / round number intersection with the lower red trendline. (unless broken downward)
KCS is truly a beast, making a massive 77% correction while most altcoins (including many good projects) aren't moving much.
Now What?
The first resistance that might hold KCS down is around the upper gray zone and red trendline. so we might expect rejection from there for a correction movement before breaking that red channel upward.
of course, we will need to zoom in to lower timeframes and monitor price action to confirm the correction confirmation.
For now, we are very bullish and we can still break that upward zone from here.
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS potential AB=CD patternHello traders 🐺 .
this idea is about the ALTCOIN trade ( 2 ) but this is a mid term trade .
As you know I like to start with the weekly time frame so let's start :
In the chart above we can see that KCS is inside a weekly descending channel and this movements is normal in the market specially after a bull market , in the other words we call this movements as price correction , personally I like to use this corrections as buy opportunity but it's also important to find the best entry and recognize the pivot points in the market .
As you might see in the weekly chart we have a very big wick below the weekly support structure and also below the 0.618 Fibonacci level to test the lower trend line of this descending channel ; but why I'm saying this point ?
Because it's very important to wait for the candle closure and don't rush into the market for the sell or to buy , usually when we saw this big wick below an important support or resistance level , we could find that there is lots of people who fall into the whales trap and got liquidated or because of expectation for the lower price targets they start to panic sell or buy .
As you can see in the chart , KCS is clearly above the weekly support structure ( red box ) and hold above the 0.618 Fibonacci level , and just test the 0.786 which is in alignment with the weekly trend line ; I think there is strong chance for the KCS to goes higher and complete it's bullish moves and if price hold above the current low at the 0.786 Fibonacci level and break this channel to the upside the next target could calculate like the below picture 👇 :
KCS KuCoin token can continue to grow after correction to 14 USDHello my friends, today I want to talk with you about KCS.
In the last KCS/USDT idea, I wrote that token will continue to grow to 16 USD, and this happened.
Price rose up from 9.5 USD to 16 USD without any pullbacks on daily chart.
I think soon we can see correction to the last impulse.
I can highlight a support level 19.50 USD and support zone around 14 USD ±50 cents.
After correction, I think price will continue to grow and price can stop at resistance zone.
Resistance zone 17.25-18.75 also coincide with 2 resistance lines, so we can talk about this area like target.
So be ready for such scenarios.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
