🔥 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!
Kucoin
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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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.
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DAO token release ahead!DAO Maker is a strong project however it will have a token release on the 4th of Feb which will increase the circulation by %22.5!
We can expect investors to sell their investment since they are sitting on an almost 50x return.
So keep that in mind before investing in $DAO!
Besides that, The platform itself will release many of its tokens for their ecosystem growth (meaning: more selling)
Use that dumping opportunity to buy!
$trias path to $100Trias low supply lower cap gem on KuCoin.
Current price is $7.5
Resistance level 1 around $30
Lv 2 @ $50
Looking for a top around $95