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...
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...
Despite a good attempt by KCS to rally and move above the key resistance at $21, the overall market turned bearish. This took KCS into a correction. Price is not found at $19 but this level is unlikely to provide bulls with a lot of relief. A better support will be found lower at $17 should KCS continue to fall. MACD is about to turn bearish on the 3-day...
KCS/USDT Entry Range: $19.50 - 21.20 Price Target 1: $22 Price Target 2: $23.65 Price Target 3: $27.50 Stop Loss: $18.50
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 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...
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...
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...
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...
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...
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...
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...
The market continued to fall, making lower lows across the board in the current structure. KCS was no different and broke below the key level at $19 which has now turned into resistance. For this reason, the next key support is found at $17. Likely for price to continue towards that level in the near future. If we look at the indicators, MACD is bearish on the...
KuCoin token tried to move above the key resistance at $21, but failed twice so far as indicated by the yellow arrow. Nevertheless, despite the rejections by the bears, KCS quickly found support at $19 and may attempt another break of the key resistance in the future. The indicators are still very much bullish on the daily timeframe. However, the MACD...
Now we go for KCSBTC (KuCoin Token vs Bitcoin) and this one has also being doing really since January 2021. Now, we can start by saying that the USDT and BTC charts are similar. We do not have the same chart/structure/pattern, but we have the same cycle. A low was set for KuCoin Token (KCS) in December 2020 both vs Bitcoin (BTC) and Tether (USDT), then we have...
After breaking above $18, KCS rallied nicely all the way to $20 where it now faces some steep resistance. Momentum is building up and KCS may attempt a break in the future if the overall market allows it. Key support: $18 Key resistance: $20, $22 KCS rallied over 10% after breaking above $18 to reach the key resistance at $20. Now, market forces are fighting at...
After finding support on the $15 level, KuCoin Token (KCS) rallied and used the bullish momentum to break above $18. This puts KCS on a clear path towards $22. Key support: $18 Key resistance: $22 With this latest breakout, KCS has made the $18 level support and is likely to continue higher until the key resistance at $22. This latest breakout has put a stop to...
After a significant market drawdown, KuCoin Token has finally found a good level of support that can propel the price back on the uptrend. Key support: $15 Key resistance: $18 After a significant drop in early January, KCS has found good support at $15. So far this key support held strong and allowed the price to recover some of the losses with a nice 20% price...