Kucoin
KCS - Let's Go!Hello everyone, if you like the idea, do not forget to support with a like and follow.
KCS is overall bullish trading inside the brown channel.
KCS is now approaching the lower brown trendline and 15.0 horizontal support in green, so we will be looking for buy setups.
Before buy, we want the bulls to take over by breaking above the previous major high.
on DAILY: KCS is forming a trendline in blue but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , KCS would be overall bearish from a medium-term perspective and can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS/USD - Market Crash, Where Next for KuCoin Token? 😪The crash this week has pushed KCS to $13 for a brief moment. Now, the key level at $15 is being contested by bulls and bears. The winner will decide where KCS is headed next.
Key support: $11
Key resistance: $18
January has been a very difficult month for KuCoin Token, losing over 40% of its valuation. The bears took full control of the price action, leading to a major crash.
KCS has found some relief at the $15 level. However, if bears continue their assault, then likely for price to drop to $11 which should act as support. The resistance sits at $18 and appears unlikely to be tested any time soon.
Technical Indicators:
Volume: The drop took place on increasing volume. This is a sign of strength for sellers.
RSI: The daily RSI is in the oversold area at 25 points. A bounce could be expected since price rarely sits in extremes for long.
MACD: The daily MACD is bearish and this most recent price action has pushed the moving averages and histogram to make lower lows.
Bias
The bias for KCS is bearish. The indicators as well as the price action shows that the sellers have the upper hand.
Short-Term Price Prediction for KCS
Considering the market right now, it is best to be patient and let KCS find a good level of support that can stop the price fall. The support at $11 is good candidate for that.
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BITCOIN , BTCUSDT 1DBitcoin
Unfortunately, Bitcoin lost significant support at $ 40,000 and reached $ 34,000 in one day after a fake move to increase its long positions and liquidate a lot of capital and a large dump at $ 43,000.
Numerous reasons, such as the negative fate of Russia and the intersection of death, also contributed greatly to this dump
Unfortunately, the bitcoin shoulder pattern was also approved, and if the price goes up according to this pattern, we will see a price of $ 20,000!
But the flat ABC pattern can not be ignored either, which is not too far off the mark and may happen and push the price upwards from $ 30,000
kucoin(KCS)KUCOIN is at the bottom of its own ascent channel. It grows sharply in the same canal and corrects in the form of erosion
Erosion correction with a low slope reaches the bottom of its channel in the form of a wedge pattern
Which, in my opinion, can cause the chart to be thrown to the ceiling of its own channel.
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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🔥 Kucoin Token: Break Out Or Bearish Continuation?A week ago I made an analysis on KCS and the bearish triangle it was trading in.
As expected, KCS is still trading inside this triangle pattern. However, during BTC's massive impulse wave earlier today, KCS saw a big move towards the triangle's top resistance area.
If BTC is able to maintain the bullish trend, we can expect KCS to break out in the near future. However, with a more bearish market we're going to move down towards the triangle's support again. Keep a close eye on BTC.
Happy trading!
GLCH strong support now !We can see this pattern is strong support in timeframe 1H morning star
DWYOR just imagine when this pattern BULLISH ^_^
KDA Still Potential to hit $50 Club because now $9 Price#KDA/USDT TA Update:-
$KDA currently trading at Very strong support.
I am expecting Bounce from here.
We already buy some at $11 level.
I am buying some at $8-$9
Always buy Partially.
Now..?
If bounce from here then we can see First Stop will be $16 and 2nd Will be $24
Stop Loss:/ If any daily candle close below $7.80 then Exit time.
Already-72% down from recently ATH.
BLOKUSDT, We are in PRZ levelHello everybody
BLOK is one of the most newest and attractive project for the investor the fundamental of it is very nice and their team is doing very well.
If you want to know and learn about fundamental of project in crypto (training fundamental and technical) you can send us messages in private in here or in social media that we notice in our profile
According to the chart and to the previous analysis of BLOK we shown on chart support zone area and from there zone the price was supported and go toward the target.
At this time because of the condition of market the price was drop more and more and more until have impact to the PRZ level and according to that we expect the price should support in this level and move upwards, maybe it can go up more and reach to the target of trendline resistance or it can go up to reach to the resistance zone but the common point is it should move upwards. :D :D :D
We think the price should re-test again the second PRZ level and after that its ready to go up.
The most important point of this analysis is if the price lose the second important PRZ level it can be dump more toward the sensitive zone and in there we should search to find signal to entrance in position and spot.
Dont forget use stop loss because the condition of market and the market is currently in a dilemma.
If you have any question refer to our us and send us messages
Good Luck
Abtin
Previous analysis :
GMB Crypto Hey, Been trading off this chart for a minute making minor adjustments to keep track of trading ranges and breakouts. Pretty new to this so any tips let me know
🔥 KuCoin Token Volatility ExpectedSince the drop earlier in November, KCS has been following Bitcoin and has been trading bearish. During this period, the price has formed a descending triangle on the chart.
Descending triangles are classically bearish trading patterns, so a bearish break out of this pattern is more likely than a bullish one.
For the coming weeks, I'm expecting the price to follow the pattern. Somewhere late January / early February we can expect a big move, since the price has reached the end of the pattern.
Keep a close eye on Bitcoin. Bearish BTC will most likely signal a bearish break out, and the other way around.
Happy trading!
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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