KCS - Another BNB ?KCSUSDT :
#1 The first thing that caught my attention:
BNB :
Circulating Supply
166,801,148.00 BNB = 100%
Max Supply
166,801,148
Total Supply
166,801,148
KCS :
Circulating Supply
80,118,638.00 KCS = 47%
Max Supply
170,118,638
Total Supply
170,118,638
What is the difference ?
BNB = Circulating Supply = 100%
KCS = Circulating Supply = 47 %
BNB,Now Price = 650 $
KCS,Now Price = 27 $
#2
After the Binance restrictions, most users migrated to Kuccoin Exchange.
As a result, we saw an increase in the volume of this exchange.
The result was the growth of many currencies not yet listed on Binance.
And finally, will we see the main growth in the exchange currency?
#3
Technically, the price has broken its weekly Resistant.
But it is not clear that we will see a pullback.
Because if I counted the waves correctly
We are in the third wave
And the price will jump fast.
But if the price pulls back to the $ 20 area, I think we will have a very good investment position.
#4
This is a personal analysis, only.
it's not a buy signal.
But if you have any information that helps me and you
please share it.
thanks.
Kucoin
KDA (Kadena) - An Overview :KDA Is consolidating with a bearish divergence. A drop to 16.1 will be a healthy correction for the next leg up... buying more if we see anything below 16 USD.
KDA Will definitely be my biggest bag due to its amazing project. The FOMO is real without even major exchange listings and it is definitely cheap to buy now.
BLOK IS LOCKED AND READY TO GO.. (MY OPINION)BLOK is trading well. That chart still looks extremely bullish. I believe the only thing that could set it behind would be bad news to the general market. At that point, it would go down and tag the .0786. Please know that as we go into the end of NOV, we have not had the normal NOV dip that trends on that charts. I hope everyone is trading well, and I'm looking forward to this one taking off since I just bought some myself at .085 and .083. Be safe and trade safely.
Flow, ready for take off ?I've had this FLOW/USDT in my watch list for a while, lets just say this thing has been bearish for a long time.
Now as we can see, it keeps on testing the red trendline and to be honest, I don't think if its willing to keep on falling.
We might start to see a rally to higher prices.
( its all based on technical analysis, I'm not aware of its fundamentals. )
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Thank you
KCS/USD - Consolidating before another leg up! $34 Next? 🤩Kucoin token (KCS) had a fantastic year with a 30x price increase since January! This strong performance is expected to continue as long as the market remains bullish.
Key Support level: $21
Key Resistance level: $34
This week, KCS broke the all-time high from Jan 2018 ($21.3) and set a new record at $25! Since then KCS has been consolidating above the $21.3 support level (which was previous resistance).
The price has also formed a very steep uptrend which so far has held strong. If the current support holds, expect to see KCS attempt to go much higher with the next key resistance sitting at $34.
Technical Indicators of KCS Price:
Trading Volume: Volume exploded as soon as KCS broke above the all-time high from 2018. This confirms the breakout.
RSI: The RSI has been hovering around the 70 points area for a few weeks now. This shows a strong bullish momentum. However, the RSI has also formed a bearish divergence on the daily timeframe. This may indicate a consolidation period or even a short lived pullback is possible before further price increase. For now this is not confirmed and a break of the trendline is needed to confirm it.
MACD: The MACD is bullish, particularly on higher timeframes such as weekly. While the daily histogram is making lower highs, this does not become concerning unless KCS break below the key support.
Bias:
The bias for KCS is bullish and will remain so as long as price does not fall below $21, which is the current support.
Short-Term Prediction for KCS Price:
KCS has a very strong momentum behind it as indicated by the steep trendline. So long this is maintained, KCS can make further gains without any significant pullbacks. Expect to see KCS price just above $21 in the near future. If bulls can defend the $21 support level well, then KCS can aim higher towards the next key resistance at $34.
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Shib May Pop Shib looks like an ABC correction for purple wave 2. So far it's following EW fibs fairly well, keep in mind I didn't make my fibs perfectly exact as shib is a pain in the ass typing in all those zeros. One thing shib has done to be in the past on my charts is since it's a low market cap coin and bullish it fails to retrace. I wouldn't be surprised if it springs up for a "failed Red C" we'll call it and moves onto larger W3.
A couple things I notice right away are on the 1hr the last candle had a bearish top. There hasn't been a lot of volume lately since the last big green candles. RSI also dancing around being oversold. Bollinger band is getting thin indicating a good size move soon. At a glance it looks like it needs to go down a little but then way up. Which couples with the idea I've been looking at about money moving out of BTC and into Alts soon. If the total crypto market cap begins to drop though that idea is nixed.
ETH still needs to retrace some before cont. up for macro wave 3ETH still needs to retrace some before cont. up for macro wave 3 up. I think we will see an extended wave C down to at least the 1.236 ($4294). That last drop had heavy volume. I think we we soon see more volume in a downward trend. I've been toying with the 128MA (black line). This MA, historically, Has been strong support or resistance in the past. Eth has crossed it on the 1hr and approaching it on the 4hr with this ABC correction. BTC on the 4hr has hit this support twice in the last 3 days. Both Eth and BTC are struggling to stay on the upper side of the Bollinger band. With the previous high we saw coupled with a lower RSI (indication of the top of wave 5 and the beginning of an ABC correction) I believe downtrend is immanent. I think many other alts are in the same pattern. Total Crypto market cap hasn't dropped much during this dip. It currently sits at -6% from ATH. BTC dominance is dropping. These two together indicate money could soon begin to move from BTC over into alts during this dip.
MIR/USDT Looking 250% Potential after Retest #MIR/USDT Update:-
$MIR current Price:- $3.14
After breakout $MIR breakout finding best Retest level.
So I am buying some here.
Entry:- $3-$3.15
TP1: $4.75
TP2: $7.47
TP3: $10.71
SL:- $2.70
Support: $3.00
CAPP DRAW THE SAME PATTERN %220 POTENTIAL!CAPP DRAW THE SAME PATTERN %220 POTENTIAL!
Capp has good new on Coinmarketcal, They create a Metaverse for Companies for Commercial solutions.
It is good time to research!
🔥 KuCoin Token vs BNB: Technical & Fundamental AnalysisIn today’s analysis I want to take a look at a comparison between KuCoin Token (KCS) and Binance Coin (BNB). Not only do I want to look at the comparison and similarities in the charts, but also at the fundamentals.
In the charts above you can clearly see that KCS and BNB share similarities. Both tokens saw their inception in Q4 of 2017. Both tokens released during the mania phase of the last cycle and saw huge returns in their first few months of existence. However, things started to change in 2020. Binance had gained a massive market share of exchange volume by that time, which increased the demand for BNB, which in turn made the price shoot up. KCS, in contrast, was in a downtrend till Jan 2021.
For KuCoin, this was also the moment where things started to go better. However, BNB blasted through its all-time high, whilst KuCoin saw massive resistance around the previous cycle all-time high and failed to break through it.
From a technical perspective, KCS recently broke through the all-time high resistance and traded at its highest value ever. What we’ve seen from previous cycle ATH break outs is that this is classically a very strong buy signal, take a look at ADA / DOGE / BTT for example. Also, one can see a massive 6-month bullish triangle on the KCS chart which has now broken out of the top side.
Furthermore, KuCoin has launched its own KuCoin Community Chain where developers can launch their own tokens and ecosystems, comparable with ERC-20 chain and the Binance chain. The launch of this chain last summer has caused a massive spike in the KCS price. The growth potential for the KCS chain is huge, which translates in a huge bullish potential for the KuCoin token.
In addition, KCS seems undervalued compared to BNB when solely looking at exchange volume. Over the last 24 hours Binance has seen $46B of volume, with KuCoin seeing $4.8B in volume, a 9.6x difference. With BNB trading around $625, this would indicate that the “fair-value” of KCS would be around $65. Since KCS is currently trading around $23, this would mean a potential upside of ~300% when solely looking at exchange volume. Be aware that exchange volume can change during different periods of time, more important is that the relative difference between the two exchanges stays relatively stable.
To conclude, I think that KCS has a lot of bullish potential for the remainder of the bull-cycle, both from a technical and fundamental perspective. All-time high break outs are classically indications of a strong upcoming move. With KCS being being undervalued compared to BNB, I think there’s still a lot of upside potential for this token. Cycle end target between $50 and $100.
Happy trading!
BNT per USDT mid term buy zone friends.
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Everything on the chart.
open pos: market and lower
target: 5.42 - 6.3 - 7.5
after first target reached move ur stop to breakeven
stop: ~4.3(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
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