KCS 1D Step-by-step long-term investment #5We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search
A week ago, we placed 3 buckets of buy orders to go long.
Tonight, on a strong next crypto market drain, only the first order to buy 1/3 of the position at $18.81 worked.
An interesting fact is that at the time when the price of BTCUSDT and prices of many alts update their lows of the last months, the price of KCSUSD is confidently held by buyers. This is good news, because where are the strong and confident buyers we can less afraid of considering a long-term investment, because the chance that after the next pump the price of the alt is sold at -80% is much lower.
Also, what can be the next move of price KCSUSDT adds more intrigue to us the KCSBTC chart
The consolidation spring is severely compressed and there will be a powerful impulse soon.
If it is down by -15-16%, it is very likely to fill our 2 at $17.66 and 3 at $16.51 long-term long buy orders.
However, from past experience such patterns usually shoot upwards. The percentage strength of possible upward impulses is depicted on the chart.
If we see that the sellers have run out of steam and the KCS price starts to shoot up, we will buy 2/3 of the position at the market price and update this idea.
So if you are interested in this section, subscribe to us and write a comment under this idea, and then tradingview will be the first to notify you of any changes and corrections in this section.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT
KCS/USD - KCS Preparing the Stage for a Breakout!KCS has formed a descending triangle after failing to push above the key resistance. Now price is compressing in the apex which will lead to an eventual breakout.
Key support: $19, $16
Key resistance: $23, $28 ( ATH )
The market has remained bearish in January, with several failed attempts to turn back on the uptrend. KCS is no different and has formed a large descending triangle (in blue) with lower highs and a flat base.
The key support at $19 held well so far, but this is likely to be retested soon as price approaches the end of this formation. The resistance at $23 is likely not going to be tested anytime soon, since KCS has to break above the triangle first.
Technical Indicators:
Volume: Volume remains low in January compared to the rally from late 2021. However, the current key support level has attracted more buyers, giving KCS a good chance to hold above $19.
RSI: The daily RSI continues to fall and has made lower lows and lower highs. This is bearish.
MACD: The daily MACD is bearish and is currently trying to curve back up. KCS has to break above the descending triangle to trigger a bullish crossover on MACD.
Bias
The bias for KCS is neutral. Price has to break away from this triangle to confirm its next move.
Short-Term Price Prediction for KCS
In the near term, expect to see KCS move sideways within the triangle as it consolidates and prepares for an eventual break of this formation. Price can go either way at this time and it may be contingent on the overall market. Until then, you will likely see KCS hover just above $19.
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KCS 1D Step-by-step long-term investment #4We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token, you can read in our previous ideas for this column, using the KCSUSDT ticker search
So, the first entry in the position, the price was fluctuating near the entry point of $20.5 almost all the time and sometimes even showed +12-15% profit, and it was in a falling market, closed on the stop after the recent another market plum.
We got a -9.32% stop and the investment with a notional allocated capital of $1000 (for ease of calculation) went down to $900
This experiment is designed to last until at least the spring, and maybe by the summer of 2022 , as the chance of an alt season persists.
Therefore, we continue.
Optimism and desire to further invest in KCS is added by the fact that when the price of BTCUSDT updated its low from $42500 to $39650, and somewhere between 70-80% of the alts also updated the low of 04.12.21. KCSUSD buyers bought off the fall at $17.89 and did not let the hit the stops hidden below the low of $17.81.
Since in the cryptocurrency market, at least for us, there is uncertainty now whether it has already been a trend reversal or whether the correction will continue, we will place buy orders next week in a wide range.
We put three equally weighted pending orders at the conditional $300 at the following levels: $18.81, $17.66 and $16.51 , as we have shown in the chart. The orders have no stops so far.
We will check in a week, which of the placed orders will be filled, and maybe we will buy more on the market price (if so, we will update this idea), and analyze where the stop on the position is rational.
If you are interested in this section, subscribe to us and write a comment under this idea, and then tradingview will be the first to notify you of any changes and corrections in this section.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS📈 Hi all,
just quick review of my favourite coin 2021.
👨🏻🏫 At the start of 2018 begun the 400 days long bearish era which was end by brake of trendline with 475% growth. This was followed by nearly 2-years long (around 690 days) accumulation in the bulls flag (POC - point of control is 0.971 usd).
💥 The year 2021 was phenonemal. A lot of new users of Kucoin exchange sent KCS coin to the last ATH 28.8 usdt (+-3900 gain).
🤔 What we can expect in the future? Next weeks and months are in BTC hands. If the market will recover - we will see more growth of KCS coin because volume on Kucoin exchange is high.
⏰ Now we are in the historically strong support zone (18-21 usd). If fail - the next stops are +-15 usd, +-9 usd, +-7 usd and massive support around +-4.5 usd)
🎯 The next significiant point in the case of bullish mode is around 32 usd and his bullet hole.
LBL_CZ
KCS 1D Step-by-step long-term investment #3A 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 the KCSUSDT price was $20.11, which is a 12% better hold on the KCS price during the +\- similar BTC price spill. There is interest in the coin.
Also, so far the body of the daily candlesticks are holding above the red mini trend from December
That's why we continue to hold our investment in KCS and believe in a bright future
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS/USD - Ascending triangle. KCS ready for a breakout to $28!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 an ascending triangle (represented in blue) with resistance at $24. If the bullish momentum maintains, KCS can break out with price rushing towards the current all-time high at $28. The support is found at just under $20.
It is important to note, that on the Bitcoin pair, KCS has reached a price level not seen since 2019. This is very bullish and may lead KCS much higher versus Bitcoin which has been losing market dominance (now under 40%).
Technical Indicators:
Volume: Volume has been low over the past two weeks due to the winter holidays, but now things should get exciting again.
RSI: The daily RSI has been making higher lows which is bullish. A breakout from the blue triangle can propel it higher.
MACD: The daily MACD is bullish. However, there is a lack of conviction from buyers right now. This will likely change quite rapidly once volatility returns.
Bias
The bias for KCS is neutral with some signs of bullishness. A break above the key resistance at $24 will confirm a bullish bias.
Short-Term Price Prediction for KCS
KCS appears to consolidate in anticipation of a breakout from this triangle. This can be expected later this week or next week, depending on the market. If KCS can push above $24, then bulls will likely retest the current ATH. Should it fail to break the key resistance, then KCS can fall back on the support at $20.
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KCS 1D Step-by-step long-term investment #2We 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 should reread it to understand the logic of our actions.
From the pluses:
- BTCUSDT fell by -11% KCSUSD by -12% over the week i.e. KCS does not shed much, as risky alts can shed almost twice the price of BTC
- the price was kept on the mini-trend, which have been drawing and pushing up since early December.
- There were no increased volumes on price decrease, i.e., large holders didn't dump their assets, we are waiting for the burst of volumes on the upside movement.
There are different trading strategies and everyone chooses it for himself: with or without stops, the time available for trading, the amount of investment or the state of his nervous system.)
We have restricted this investment with a stop loss of 9.32% and these are the risks we are willing to accept
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS/USD - Breakdown under $21 on bearish market sentiment!😪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 unable hold off this sell pressure and was pushed back down towards its support at $20. Today, KCS also broke below the ascending triangle (in blue) that was discussed in my last KCS idea. This makes a test of the $20 support very likely.
Technical Indicators:
Volume: Volume increase yesterday during the sell-off. This is a bearish sign and today's price continued lower. Unlikely for this to change until KCS reaches the key support.
RSI: The daily RSI has been falling in line with price and it is unlikely to curve back up until price holds above support.
MACD: The daily MACD just did a bearish cross today. This is likely to be confirmed when the day closes if buyers do not show up soon.
Bias
The bias for KCS is bearish. Hopefully buyers will return at the $20 support, otherwise, price can fall to $16.
Short-Term Price Prediction for KCS
The current price action as well as the MACD have turned bearish for KCS. It is unlikely that KCS can rally on its own considering current market conditions. The most likely scenario is for the current correction to continue. KCS has good support on the $20 and $16 levels which can provide a good base to stop this downtrend.
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KCS 1D Step-by-step long-term investment #1Hello, 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 general.
We see that BTCUSDT price went up today and consequently alts are slowly starting to follow the main cryptocurrency. If you missed it, below are our fresh thoughts on BTCUSD and alts in general.
Recall that our position KCSUSDT we gained in the range of $20-21, the average price is $20.5, for ease of future calculations, let's fix that the position size is conventional $1000
We will now divide our position into three equal parts and set separate take profits and stops, and observe which trading strategy and expectations in the future will be most justified in the current market.
1) Short-Term Trade. Entry $20.5, Take $27.50 (+34.15%), Stop $8.59 (-9.32%). If the take profit on this part of the position triggered in the near future, the return on it will cover the possible stops of the next two positions and give a minimum profit for the entire position.
2) Medium-term trade. Entry $20.5, Take $36.00 (+75.16%), Stop $18.59 (-9.32%). Longer term price movement, but profitability is two times higher than in the short-term trade. Profit should be taken from "the table" in time.
3) Long-term or investment trade. Entry $20.5, Take $110.00 (+436.59%), Stop $18.59 (-9.32%). The logic is as follows: a short-term trade - leads a position to no loss, medium-term trade - gives a return that covers the time spent when funds are frozen in the position. And in the long-term trade, we do not lose anything and can set the most ambitious goals from above that are obtained according to our calculations.
The maximum loss that we can get for the entire position is -9.32%. If the price goes below $18.59, a stop will trigger, and we will make a loss, but at the same time we will free up funds and be able to re-buy KCS again below in the range of $13-15.
There is nothing wrong with trading with stops, stops save your deposit from large and long drawdowns. You just need a cold mind and adequate calculation of risks and possible profits.
Well, what to think and guess, time will show what trading strategy will be most justified in this situation.
We do not know yet whether we will update this idea or do a series of ideas with updates.
So please like us and write a comment not to miss anything and subscribe to us and tradingview will send you notifications when we update.
Have a great weekend everyone)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCS/USD - Downtrend stopped! Rally next? 😍 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, but this was not so significant and price entered into a range stuck between the key resistance at $23 and support at $20. KCS also appears to have formed a small ascending triangle. Breaking this will likely bring more momentum.
Technical Indicators:
Volume: Volume continued to decrease this week and likely we can expect some new volatility as soon as price leaves the ascending triangle.
RSI: The daily RSI made a higher high, but the current price action lacks conviction. Therefore, to have more confidence in the price action, volume has to increase.
MACD: Good news on the daily MACD as it did a bullish crossover! This is significant and may signal that KCS is preparing to rally soon. Breaking above the ascending triangle will be a good sign that this can take place.
Bias
The bias for KCS is neutral right now. A break above $23 would put KCS back on the bullish side.
Short-Term Price Prediction for KCS
The current price action as well as the MACD seem to suggest that KCS is preparing for a possible breakout from this ascending triangle and an eventual test of the $23 resistance level. If successful, KCS can resume its rally.
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KCS/USD - Downtrend continues as KCS searches for support! 🧐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. If that will not hold the current downtrend, then the next support is found at $16. The resistance at $23 appears unlikely to be tested anytime soon.
Technical Indicators:
Volume: Volume decreased this week. The price action lacks conviction and the bears appear to have the upper hand as buyers are scarce.
RSI: The 3-day RSI continues to fall lower with lower highs and lower lows. As long as this continues KCS is in a downtrend.
MACD: As already indicated, the 3-day MACD is bearish and this is unlikely to change soon. Moreover, if KCS will not reverse the downtrend soon, then the MACD on weekly may also turn bearish. That would signal a major bearish reversal similar to BTC and ETH, that already had this signal.
Bias
The bias for KCS is bearish right now.
Short-Term Price Prediction for KCS
The current downtrend for KCS has only started and it is best to be cautious considering current market conditions. Both BTC and ETH show major weakness in the market and KCS may be under a lot of pressure due to this. Best to wait for signs of a reversal before turning bullish again. Until then, KCS has good support on $20 and $16.
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KCS Mission Impossible: Have time to jump in to the Last WagonToday, 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 spring of 2021, we had wave 3 with a spread of 3,000% growth.
= And in the last 3 weeks the KCSUSD buyers have shown their strength. Despite quite strong BTCUSDT falls, the KCS buyers aggressively bought back the falls, without lowering the price below $18.50.
By their actions they drew big shadows on the chart from the bottom and at the same time showed that the KCSUSDT price is standing higher than the previous absolute highs.
Given these facts, and if we compare them with our thoughts about the future of the BTCUSD price
We can expect that KCSUSDT price can grow by +/- 400% from the current price to the area of $100-110.
The intermediate target is $36.
We were buying at $20-21 and had the bucket at $13-15 but without result
Since we are trading on what we see on the chart, we now have faith in a decent growth in our mid to maybe long term investment.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KCSUSDT Accumulation below the 1D MA50. Buy opportunity.One of my favorites, the KuCoin Token, has been performing remarkably well under the circumstances of the recent December pull-back and is currently showing strong bullish signs again.
On the 1D time-frame, the price remains under the 1D MA50 (blue trend-line) but so far it looks like another accumulation phase that usually takes place before a strong rally. As you see on the main chart, this has many similarities with the late September - early October Accumulation Phase. As today, the price then also traded below the 1D MA50 following a roughly -38% pull-back. Once the 1D MA50 broke, KCSUDT confirmed the start of the very strong October - November rally. Keep an eye on the 1D MA50 then, but the fractal already looks set to break. See also how the 1D RSI sequences of today and October look identical.
At the same time, there is another key technical development unfolding on the narrower 4H time-frame.
The chart above shows that KCS has been trading inside a Triangle pattern ever since the December 03-04 pull-back. A bullish structure is emerging however. Today we have the first test of the 4H MA50 since the start of the fall on December 03. A break above it would alone be a buy call towards the 4H MA200 (orange trend-line) initially. At the same time, the 4H RSI broke above its 1 week Resistance level and made a Higher High, on a bullish divergence against the price's Lower Highs since December 04.
In my perspective, the KuCoin token is already at a bargain price and once the 1D MA50 breaks, we will be seeing a strong rally that should initially take the price to the 2.0 Fibonacci extension level at around $45.00. Take advantage of this buy opportunity.
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KCS / KSCUSDT Buy SIgnal !!!!!!KCS is overall bullish trading inside the Ichimoku Ind
on H1: price formed a valid trendline and Ichi ind its last swing upward.
In this case, the bulls would prove control again by breaking above the zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
Kucoin needs to cool offKCS needs to cool off after this massive rally to have a healthy continuation. If it does head up for the 1.618 level directly, the consolidation will probably be too deep and might cause a panic sell off.
Best scenario here is to form a bull flag/pennant while consolidating and accumulating. As long as the momentum and volatility cools off a bit its fine. Also keep in mind that these volumes are nowhere near the previous ATH so take caution.
KCS/USD - Bearish Cross Warning! KCS under Pressure!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 price will likely fall to the next key support at $17. The key resistance still sits at $25.
Technical Indicators:
Volume: Weak volume in the past few days and the price action shows this as bulls struggled to keep price above $21. This is bearish.
RSI: The RSI has made lower highs even as price made a new all-time high at $28.7. This is a bearish divergence which may empower bears to take control of price in the near term.
MACD: As already indicated, the moving averages on the three day timeframe did a bearish crossover. This is a major warning sign that a reversal in the trend may be taking place, at least in the near term.
Bias
The bias for KCS is mildly bearish at this time. If price falls and closes on the daily timeframe under $21, then KCS is likely to test the lower support level found at $17 and $15.
Short-Term Price Prediction for KCS
If the bearish crossover on the MACD is confirmed, then KCS is likely to fall under $20 and search for new support. Once the bulls find their footing again, the uptrend can resume. Until then, the short term bias remains bearish.
KCS 1D Looking at the graph, we believe in growthToday, 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 the $13-15 area are not filled.
This is both sad and happy.
Sad , because aggressive buyers did not allow us to buy cheap, and happy - because the buyer's confident payoff confirms that we analyze correctly and there can be a good growth ahead for the KCS price.
The large shadows from below on the daily candlesticks (circled in red) signal aggressive buying on the market pouring in, and technically we got a filigree retest of the liquidity zone from April 2021.
We will still hold buckets on the strait in the $13-15 zone, but we very little believe that the price of KCSUSD will fall there, because the price behaved decently on the previous fall. It's more likely that the KCSUSDT will probably quickly get the first intermediate price from above - $36.
Global targets unchanged $100-110 per Kucoin Token
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
KUCOIN made a MACD Bullish Cross. Quick buy opportunity.KCSUSDT survived last week's crash with a Double Bottom, creating a Support Zone within 17.900 - 18.100. However the MA200 on the 4H time-frame (orange trend-line), has rejected the rebound so far and is posing as the new Resistance. That is a trend-line that was previously the Support of the uptrend since October, so it is critical to break if KuCoin is to see another sustainable rally. Basically this can be used as a confirmation break-out signal.
That may be a good buy opportunity on the short-term as since October 13, every time the MACD made a Bullish Cross, with the CCI indicator (all on the 4H time-frame of course) on Higher Lows after the price made a Support, KCS rallied with each rise varying 14% to 44%. Naturally, once the new technical Resistance set by the 4H MA200 breaks, short-term traders may target 25.300, 27.700 and 30.000 in succession.
Don't miss this unique buy opportunity!
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