KuCoin Token failed to bounce in any significant way in the second half of June and was sharply rejected by the resistance at $11. Now, the price is going back to the critical support at $9. If it fails to hold here then the path will open up for a much lower valuation. Maybe even $6. Unfortunately for KCS, the market remains bearish and with BTC under 20k,...
Last 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 -...
The KuCoin Token (KCSUDT) has been trading above its 4H MA50 (blue trend-line0 since June 23 in a sideways consolidation. The 1D MACD has just formed a Bullish Cross and the last time this set of conditions emerged on KCS was during May 16-19, when the coin was again consolidating with the 4H MA50 supporting. What happened after that sideways trade was a test and...
The price is condensing just under the key resistance. We know how that ends right? The price will probably explode higher soon. Once that happens, KCS could rally all the way to $14 where profit taking would be a good idea in case the market decides to reverse again. The indicators are also curving up, but we don't have a bullish cross yet. Probably a break...
The 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...
The KuCoin token (KCSUSDT) reached on Saturday the Support formed from the previous Low on May 12. That Low kickstarted a huge +90% rally that broke above the 1D MA50 (blue trend-line) and almost reached the 1D MA100 (green trend-line). The 1D RSI is on Higher Lows and last time we had the same set of technical parameters was on June 22 2021, exactly 1 year...
Looking at the schedule of the KCSUSDT, we clearly see that from the end of 2021 the price is in a trend of falling and clearly moves the channel down. However, there was an interesting nuance recently. At this time, when the BTC and ETH was strongly updated the minimums, which were previously installed in the May fall, the price of KCS did not update minimum...
KuCoin's price has been surprisingly flat versus Bitcoin during this massive crash. More so, overall it outperformed Bitcoin during the bear market, this is quite surprising and a sign of strength. Right now, the price is found in a flat trend vs Bitcoin without any significant change. Price is stuck between the 5k satoshi support and 5.8k resistance. A break...
KCS had a nice rally in late May, but this quickly reversed in June with the price now back on the key support at $10. The whole market crashed and ETH fell under its old all-time high. If Bitcoin crashes under $20k, then most altcoins will likely make lower lows. What does this mean for KCS? Probably a price under $10. Bulls have to do their best to keep...
At 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...
KCS on the Bitcoin pair has hit the key resistance at 5.8k satoshi. Now, the price is reversing and if we are to look at the USD pair (see idea below) it seems the bullish momentum may have to take a pause. For this reason, a retest of the 5k satoshi support line may be in order before KCS can hope to break the key resistance here. The indicators on the...
KuCoin token had a good rally, actually, a great one considering other coins barely bounce (hint hint at Bitcoin). KCS almost doubled in price compared to its local bottom here, so not bad at all. However, the momentum seems to be shifting against KCS and its price may roll over and fall lower to the key support at $14. If the selloff will not be too...
I am hoping this coin can respect this area of daily supply to give a beautiful drop in price to the remaining fair value gap areas. I will be looking for entry points on the lower time frames.
The KuCoin token (KCSUSDT) has broken since our last analysis above the 1D MA50 (blue trend-line) for the first time since April 26 2022. On top of that, the 1W MA50 (red trend-line) is now supporting. At the moment it is going for a re-test of the 1D MA100 (green trend-line) where it failed yesterday. Perhaps the most important barrier, above which the long-term...
KuCoin Token is on a clear bullish path and about to recover most of its recent losses during the May crash. At this rate, the bullish momentum should take KCS to the $21 key resistance level. More so, the indicators are turning quite bullish on higher timeframes. In this 3-day timeframe, the MACD just did a bullish crossover, this is very significant. So did...
This 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...
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...
KuCoin Token has broken above 5k satoshi and exploded much higher on sustained volume! This is a major breakout with a price not seen since 2018 vs BTC! If momentum keeps up, KCS could challenge the all time high sitting at 15k Satoshi. The first key resistance is found at 5.8k satoshi and then at 7.6k. The support at 5k statoshi was not really tested, so...