KCS/BTC - Surprisingly, KuCoin is flat vs BTC! 💪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 from this range is needed for KCS to pick a direction. But a flat trend in a bear market is more than enough to keep holders satisfied.
The situation vs USD is slightly different, see below.
As such, keep a close eye on KCS's price vs USD. If it falls under $10, things may get spicy.
Bias on this chart is neutral.
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KCSBTC
KCS/USD - KuCoin returns to $10. At Critical Support! 😱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 the price above this key level as otherwise the next support is found at $9 which would put KCS into single digits.
The indicators on higher timeframes remain bearish, while the shorter timeframes like 4-hours are bullish. This suggests a short relief will be followed by more pain.
A break below the support at $10 will settle any doubts. Bias is bearish for now.
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KCS/BTC - Resistance hit, time for some cooldown. 🤔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 daily timeframe are also curving back down and may signal a local top.
Bias is short on this price action, best to be on guard here and keep a close eye on the support.
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KCS/USD - Momentum Stalling, Here's the Critical Support 😲 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 aggressive I can totally see KCS hold well there before attempting to recovery again and rally.
For now, the daily MACD is curving down and may turn bearish, so it will take some time for this to play out. Volume is also terribly low.
Bias is turning bearish on this price action, but wait for Monday to get more confidence in the price action.
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#KCS/USDT 12Hr UPDATE !!Hello, dear traders welcome you to this KCS/USDT chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
KCS/USDT bullish cup and handle pattern create and retest buy the green zone and the dip.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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KCS/USD - Retest of $21 imminent! 🚀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 OBV.
Could this build enough momentum to break above $21? Possibly, particularly because KCS already broke the resistance on the BTC pair (price went above 5k satoshi).
Bias is bullish on this price action and I would re-assess at $21.
Keep a close eye on this!
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KuCoin Token (KCS) - May 26hello?
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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
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
KCS/BTC - Major BREAKOUT above 5k Satoshi!!! 💪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 probably price will revisit this area in case of a pullback.
Overall, a great performance from KCS and likely to continue.
Bias remains bullish on this price action and the indicators also support further uptrend.
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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.
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KCS/BTC - A FULL reversal in a few days! 🤩KCS continues to impress with almost a full reversal from the previous lows which were tested during the 12 May crash.
Support held steady and on the BTC pair, KCS remains strong and may outperform Bitcoin if it manages to escape this large channel with a key resistance at 5k satoshi.
If successful, KCS could run and make some sustained gains against Bitcoin.
For now, KCS is making a nice recovery and indicators are slowly turning bullish. If next week KCS manages to maintain this momentum, then a test of the key resistance becomes likely.
Bias is bullish in the short term, or at least until price reaches the key resistance, then we have to reassess.
Also see below the KCS/USD pair analysis which is also bullish.
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KCS/USD - KuCoin about to break above $14!In a sharp reversal, KCS is now approaching the $14 resistance point and will likely break it soon provided Monday does not start in red for the market.
The indicators went into oversold conditions over the last week and now recovery is likely with at least a relief rally.
Should KCS manage to break above $14, the price will enter into its old range between $14 and $21.
The bias is mildly bullish on this chart, but watch out for Monday's price action.
Continuation is likely before any serious rejection by bears.
Keep a close eye on this chart.
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KuCoin Token (KCS) - May 10hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(KCSUSDT 1W Chart)
It's important to make sure you can get support from 14.093.
(1D chart)
It is more likely to create a new wave as it descends from the uptrend line.
So, I think it's more important to see support and resistance than posting a deal in a hurry.
It is necessary to check whether there is support in the section 13.450-14.093.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
KCS/BTC - KuCoin holding well against Bitcoin!On the KCS/BTC chart, KuCoin is holding pretty well. For the USD pair see below my idea.
This is good since KCS is not underperforming BTC.
This range just under 5k statoshi is looking interesting as price made a higher high.
Can KCS outperform BTC? Unlikely, but not impossible.
The indicators are flat and this consolidation may continue for a while, but I'd not be surprised to see KCS breaking above 5k satoshi soon.
Bias is neutral on this chart.
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KCS/USD - Price at CRITICAL support! 🚨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 be the case.
With both the stock market and BTC taking a beating it is very hard to be bullish. Therefore, my bias is bearish at this time and prepare for the worse while hoping for the best.
Ideally KCS will be able to have a nice bounce after reaching $15.
Time will tell. Until then, stay safe!
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KCS/BTC - KuCoin at a CRITICAL level! 😲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 also bullish, but momentum is a bit weak for buyers right now. Best to be patient here and wait for a clear signal.
I am neutral on this price action and we need more time to get a sense of the next direction vs BTC.
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KCS/USD - Price about to retest the support at $17! 😱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 timeframe, which is not good. A cross to the negative side would be a major bearish signal.
Volume remains rather low so sellers are not yet convinced and bulls could try to defend price from falling lower.
However, if BTC continues to fall, it is unlikely for KCS to hold off this sell pressure.
Bias is bearish on this price action.
Keep a close eye on the key levels and be patient.
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KCS/BTC - Major Breakout vs BTC not seen since 2018! 🚀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 breaks away and pumps, it's done.
Expect some exciting price action!
Bias is bullish on this chart and so are the indicators, including volume!
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KCS/USD - KCS Attempts Breakout! Will the market allow it? 🤔 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 weekend.
Let's see if Monday KCS can build some momentum behind this most recent move. For now, the support at $19 has done a good job.
Bias may turn bullish on this price action, but I want to see KCS move above $21 and hold above that level first.
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KCS/BTC - KuCoin Holds Well Versus Bitcoin! Is it enough?🧐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 is too early to tell, but for now KCS is holding well at these price levels. Nevertheless, holding versus Bitcoin will not be enough if prices against the USD continue to fall.
Usually altcoins perform worse than Bitcoin, but in this case, KCS is an outlier and this is a show of strength.
Bias on this chart is neutral. I recommend you also read my KCS/USD analysis for a complete picture.
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KCS/USD - KuCoin Token Falls Below the Ascending Triangle!😲 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 and now price is holding above the $19 support level.
Likely for this level to not hold KCS for long. For this reason the real support that HAS to hold is at $17.
This is because if $17 can't stop this bear market, then KCS may revisit $14 even.
Time will tell. Bias is bearish based on this price action.
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KCS/USD - The battle for $21 dominance continues! 😱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 either way in my opinion. Bias is neutral over here. I really want to see KCS make $21 support and rally after.
Otherwise bears may push KCS lower before another attempt.
Stay vigilant and do not ape in (see APE idea below) at this price level.
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