Kucoin
KCS/USDT Breakout of large consolidation wedge. 50$ next?Intro:
- KuCoin evolves into one of the big competitors of Binance, FTX and Coinbase.
- Often times Coins are listed earlier on KuCoin than on other major trading plattforms.
- The current marketcap is around 1 billion which is much smaller than the marketcap of the main competitors.
Daily chart:
- Price shows an upwards breakout of the very large consolidation wedge.
- Volume starts to rise but very slowly. We have much room to grow here.
- RSI analysis shows that we are moving upwards alongside the yellow line. We take a look at the 80line which is considered the border to the overbought territory.
- Support lines are at 9$ and 6$. The borders of the wedge can act as support as well.
- Resistance lines are at 14.2$ and 19.5$.
Expectation:
- We expect to see further price appreciation until the end of this year. KCS has to close the distance to its main competitors.
- The 14.2$ resistance should not hold that long. Once we break it 19.5$ is next.
- End of year prediction: We will see a 50$+ KuCoin before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
NEAR/USDT BreakoutSpotting a breakout in NEAR/USDT for the Binance and Kucoin exchanges. RSI still has room to continue trending up. This has potential to reach 11 USDT range if the breakout continues and BTC stays bullish or stable. A stop loss would indicate that the token has broken below support. See group for more details. Enjoy
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UNO/USDT Possible ContinuationUNO/USDT gave a lot of profits already from our previous chart. It not looks like it can consolidate some in the bullish channel it broke back into. If so it can eventually break up and test the top of the channel within the 0.50 -0.60 USDT ranges before recovering heavily. I drew in a likely scenario on the price chart and RSI if UNO was to continue. Currently nuetral until motors have cooled off before next leg up. Stop loss is violation of channel.
TRIAS GEMTrias the 2021-2022 bull gem and will go parabolic !!!
just look at that fractals + fib !
A lot of crypto news will follow this after it pumps to the targets on display
CXO/BTC HedgeHedging against BTC as it is approaching a resistance. We can LADDER ONLY entries here and at lower supports. This is not an overnight play. This will take several trades to accumulate and achieve. Patience will be rewarded in this. Look in group for BTC plan of action as well. Enjoy my friends
Kucoin $MANUSDT descending triangle ideaThis is basically a reminder-to-self for tracking my trade setups.
Matrix AI Network's coin $MAN against USDT pair is currently sitting on a long-term descending triangle pattern.
According to Bulkowski over a third of these patterns break upward.
The pattern is clearly visible on higher timeframes, like the daily and 3D charts.
The pattern follows a 4x markup and shows descending volume, which confirms the patterns consistency. Even so, it will be important to watch this move play out and upon breakout, retest the upper trendline.
On the 4H chart, price action broke up above the Kumo cloud, with Chikou Lagging Span far and up. Parabolic SAR beneath price action, Kumo flipping green and volume increase are all bullish nuances. We can add bullish MACD to all these.
On the daily chart price action has closed above the Tenkan yesterday, which is a bullish nuance with MACD flipping to bullish indication too. Price action and volume will need to flip the Kumo to confirm a mid-term bullish trend.
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On the 3D chart, price action is coming near to descending triangle apex in about a week from today, but price action could break out earlier.
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My mid-term target lies around 0.16 but I will secure profit along the way.
HYDRA USDT KUCOINFinally the beast that is HYDRA has been stirred. After slow steady climbs and a few resets , this high interest stakeable coin has managed to push a head out of the quagmire . i dont think the travel restrictions have helped , Hydras being used in the travel business WEBJET. Some projects with Cardano ostensibly being worked on . as well as with GOMEAT.
It isnt listed on the big exchanges .
BUY/USDT BREAKOUT INCOMINGBurency has a breakout incoming against the USDT pairing. This token is tradable in Kucoin and has a low market cap. It can move fast. Be prepared for volatility, see full signal in channel. Like follow and comment, thanks
OCEAN/BTC BREAKOUTOcean has broken out in the BTC pairing. We can begin to see the reversal continue. Targets and analysis posted in channel. And sure to like follow and comment for feedback. Thank you
RMRK/USDT Breakout IncomingWe are at a mega support in a trending up channel here for RMRK. We can see huge upside potential, follow channel for signal and analysis! Follow like, enjoy profits!
Kucoin $CARRUSDT Rounded Bottom ideaThis is basically a reminder-to-self to keep track of my Kucoin setups...
Carnomaly's $CARR coin is sitting on a RB- pattern for a potential 5x move up.
Currently very close to bottom and waiting for additional volume to come in.
Movement should be similar to Parabolic Curve Theory
Kucoin $ICPUSDT Rounded Bottom ideaThis is basically a reminder-to-self to keep track of my Kucoin setups ever since I heavily transitioned to spot trading in Kucoin due to their higher volatility coins.
Internet Computer's $ICP coin is sitting on a 6x rounded bottom pattern, very likely to move according to Parabolic Curve Theory as it makes it's way up from it's bottomed price.
On the daily chart, selling volume is decreasing and BTC willing this might show strong signs to move up.
Kucoin $EQZUSDT Rounded Bottom ideaThis is basically a reminder-to-self to keep a close eye on my Kucoin trades since I've strongly transitioned to this exchange due to it's high-volatility high-risk coins for spot trading.
Equalizer's $EQZ is currently sitting on a rounded bottom pattern with a 20x possibility of growth. At the moment price action is 120%+ above its ATL (All-Time Low) and 1950%+ from its ATH (All-Time High).
Expected time span for this to develop is around 60 days from publishing. Movement should be similar to Parabolic Curve Theory along the way.