Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
A week ago, our investment in Kucoin token was in the buying zone. Today, KCSUSDT is near the top of the buy zone, showing +2.5% of the average buy price. However, yesterday it was +13% at the high. Interestingly, a month ago on December 4, 2021 when BTCUSDT was falling to $42000, minimum KCSUSD was at $17.81 Tonight on January 6, the BTCUSD low was $42500 and...
KCS has formed an ascending triangle and on the Bitcoin pair it reached a level not seen since 2019! This shows KCS appears ready for a rally as soon as it break above the triangle. Key support: $20, $16 Key resistance: $23, $28 ( ATH ) The market has been flat over the winter holidays and suffered from low volatility. In the case of KCS, price has now formed...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
We 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...
KCS had an attempt to break above the $23 resistance, but the buy pressure was not sufficient to make it happen. This quickly turned into a fakeout as price fell under the ascending triangle (in blue). Key support: $20, $16 Key resistance: $23, $28 ( ATH ) The market turned bearish on Tuesday when both ETH and BTC took a downturn that continues today. KCS was...
Hello, today in our review we have a pair of KCSUSDT To begin with, we recommend to look at our previous idea to understand the logic of why we bought this coin. And today we will show you on our example how we have placed orders on our position, and once a week we will update the position information + add opinions on the KCS coin and the crypto market in...
KCS found good support on the $20 level and is now consolidating in a flat trend. This is a positive sign as it puts a stop to the downtrend and may prepare the stage for an eventual rally in price. Key support: $20, $16 Key resistance: $23, $28 (ATH) The market turned back up on Tuesday when both ETH and BTC broke above key resistance levels. KCS also bounced,...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
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....
KCS is overall bullish trading inside the orange megaphone pattern. Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups. However, KCS broke below the green zone, and it is currently retesting it, so the bears might still kick in for another bearish impulse till the lower blue...
Today, 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...
KCS is overall bullish trading inside the orange megaphone pattern. Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups. on H1: price formed a valid trendline in blue and broke its last swing upward. However, KCS broke below the green zone, and it is currently retesting it, so...
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...
Today, 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...
KCS is overall bullish trading inside the orange megaphone pattern. Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups. As per my trading style, I will be looking for bullish reversal setups on lower timeframes like a double bottom, trendline break, and so on... [bKCS would be...
Centralized exchange tokens have held very strong despite today's market meltdown. This is clearly shown by the KCS/BTC chart, where KCS is in the green versus Bitcoin. The same applies to BNB or FTT. This means demand for exchange tokens remains high and the bears did not manage to break their key support levels. Despite a drop to $18 during the crash, KCS...