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Kucointoken

KCS/USD - KCS Downtrend Continues. Support @ $17 🙄 The market continued to fall, making lower lows across the board in the current structure. KCS was no different and broke below the key level at $19 which has now turned into resistance. For this reason, the next key support is found at $17. Likely for price to continue towards that level in the near future. If we look at the indicators, MACD is bearish on the daily timeframe and did a crossover to the negative side not long ago. This means it will take some time to find a bottom and hope for a reversal. This makes $17 likely. Volume remains flat and the RSI and OBV are making lower lows. Hence, bias remains bearish at the time of this post and hopefully KCS can rally again from the $17 support level. Like and follow if you liked my idea!
Short
by DU09
1
KCS/USD - KCS Fails to Move Above $21. Another attempt inbound! KuCoin token tried to move above the key resistance at $21, but failed twice so far as indicated by the yellow arrow. Nevertheless, despite the rejections by the bears, KCS quickly found support at $19 and may attempt another break of the key resistance in the future. The indicators are still very much bullish on the daily timeframe. However, the MACD histogram is making lower lows and if KCS fails to break above $21 again, then the price may fall below $19. Volume continues to remain constant and that is a positive considering this most recent drop in the overall market. Bitcoin and ETH are at a critical level which will be decisive for where the overall market is headed next. KCS will likely follow the market leaders, therefore make sure to check my BTC/ETH ideas as well. Looking ahead, KCS is likely to consolidate in this range between $21-$19 until the market makes a decision where it wants to go. Bias is neutral on KCS. This will change when one of the key levels break. Like and follow if you liked my idea!
by DU09
2
KCS 1D Step-by-step long-term investment #9We 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 Today the position shows +14%, but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth. We are moving the stop on the position up a little bit to $14.89 , and now it is -15.69%. As we suggested in the previous idea, this week there was a correction in the crypto market. The price of the bitcoin went down, followed by all the alts. But what is interesting, yesterday, when the price of BTCUSDT went down in a wave and updated the weekly minimum, the price of KCSUSD did not update the minimum, the buyers kept it on a dynamic green level. If you look at the history of KCS trading, then after the price consolidate at this green level, it started a good growth. The first target for the growth of $23.50 is +17% from the current price, which can already be a good result in a short period of time. We are waiting for the second target of $34 and the third of $42.80 _______________________________ 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 :)
Long
by P_S_trade
31
KCSUSDT Inverse Head & Shoulders with 4H MA50/200 supportingThe KuCoin Token is maintaining its bullish sentiment after the January 22 market bottom as during this week's selling, the price found Support on the 1D MA100 (green trend-line) and is currently rebounding. If this holds, it will be an early bullish signal as with the 4H MA200 (orange trend-line) holding as well last week, KCS has formed an Inverse Head and Shoulders (IH&S) pattern. If the 21.205 Resistance breaks on this buying pressure, the technical target should be the 2.0 Fibonacci extension at 23.800. Keep an eye on the MACD for a potential Bullish Cross that will confirm this break-out as when around the same level a MACD Bullish Cross took place, the price soared to +16.60% to the 21.205 Resistance. A +16.60% from a potential new Bullish Cross, will be exactly on the 23.800 2.0 Fib extension. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
1
KuCoin Token vs Bitcoin | Facing Strong ResistanceNow we go for KCSBTC (KuCoin Token vs Bitcoin) and this one has also being doing really since January 2021. Now, we can start by saying that the USDT and BTC charts are similar. We do not have the same chart/structure/pattern, but we have the same cycle. A low was set for KuCoin Token (KCS) in December 2020 both vs Bitcoin (BTC) and Tether (USDT), then we have over a year of growth with little correction. Looking from an EW perspective we can have a truncated 5 here... Meaning that the 5 wave impulse is over and a corrective wave should form, but that's predicting of course, let's just focus on the chart. The "very strong resistance" is where we are at now and the signals are not favoring the bulls. We have this bearish candle as bullish momentum wanes: We have a very strong bearish cross on the MACD and the histogram has gone red: The MACD is also at its all-time high, plenty of room available to retrace. Conclusion KCSBTC is likely to continue to grow long-term but a correction has high probability in the weeks ahead. This is not trading advice. You need your own plan/strategy to trade. For example, we never trade such a chart (near resistance/high prices), we look for different ones. I hope you enjoyed this analysis. Thanks a lot for your support. Namaste.
by AlanSantana
4
KuCoin Token (KCS) | Multiple TimeframesKucoin Token vs Tether (KCSUSDT) has an interesting chart. We will be looking at multiple timeframes. Let's start with the monthly... Here we can see KCSUSDT in a strong uptrend starting January 2021. That's over a year of continued growth. The first peak happened in April 2021 and then a new high just shy of the previous one in November/December 2021, basically the same as Bitcoin. The trading volume has been declining ever since January 2021, this can be considered a continuation signal on this chart or a distribution phase. KCUSDT monthly stays bullish above EMA10 or $15.8. Below this level we will see a test of lower support around $11.11 or EMA21. In general, the technicals are bullish but near resistance/high prices, corrections can develop at anytime. Now the weekly timeframe to get more in-depth information: The pattern we are seeing can break either way and is a consolidation pattern. EMA50 is working as support on this timeframe and has been tested three times, this coincides with the rising trend-line. You can find the potential targets and support levels on this chart. To finish, the daily timeframe makes it clear that we are in a decision point: KCSUSDT is trying to resume its rally but this is not confirmed until prices move and close above $23.5... Trading below this level can increase the risk of a sudden drop. The longer KCSUSDT remains below the last high, the higher the chances that it will correct before additional growth. I would be really cautious on this one until a clear buy setup shows up. Thank you for reading. This is not financial advice. I am just reading the charts. Namaste.
by AlanSantana
1
KCSUSDT above its 1D MA50 again. Potential rally ahead.The KuCoin Token broke and closed above its 1D MA50 (blue trend-line) this week for the first time since December 23. Technically the period from December 09 2021 until February 07 2022, was the new Accumulation Phase, which since May, it has been a regular formation (May 13 - July 04 and September 10 - October 13). Basically those consolidation phases have been taking place roughly within the 1D MA50 and the 1D MA200 (orange trend-line) inside the broader pattern of a Channel Up. Once KCSUSDT closed the first 1D candle above the 1D MA50, the price rallied to the top (Higher Highs trend-line) of the Channel Up, either very aggressively or on a more sustainable fashion. Since on February 07 the price closed a 1D candle above the 1D MA50, we can expect a new rally to start. Taken by the fact thought that it is already 5 days above the 1D MA50 and is consolidating, as well as the fact that this time the Accumulation Phase has been the longest, I estimate that the new Rally Phase won't be a fast one but rather slow and structured. A rough projection puts the new Higher High within $40.00 - $48.00 just below the 2.0 Fibonacci extension of the long-term Fibonacci Channel. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
4
KCS 1D Step-by-step long-term investment #8We 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 Today the position shows +15%, but we do not fix this profit because it is a long-term investment. Also, the stop on the position is still unchanged - $14.24 , because there is a possibility of price correction on the chart of BTCUSDT It is very likely that there will also be a price correction on the KCSUSD chart. If the correction will not be lower than $17.66 , then, firstly, it will indicate the super strength of the buyer and accordingly the prospects of a strong growth trend in the future. In that case, the take profit target will be shifted to $42.8. Secondly, it will be a very tasty bargain for those who didn't manage to buy KCS. If the correction goes lower than $17.66, but within the growth channel, that is - roughly speaking - higher than $15, then the fixation target for the long position will be about $34 for 1 KCS. By the way, we drew a dynamic fibo growth channel on the chart, so that it was more clearly visible how the price moves up, taking into account the dynamic support and resistance levels. _______________________________ 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 :)
by P_S_trade
31
KCS/USD - KCS Facing Resistance at $20! Can it push through? 🧐After breaking above $18, KCS rallied nicely all the way to $20 where it now faces some steep resistance. Momentum is building up and KCS may attempt a break in the future if the overall market allows it. Key support: $18 Key resistance: $20, $22 KCS rallied over 10% after breaking above $18 to reach the key resistance at $20. Now, market forces are fighting at this key level before the winner will decide where the price is headed next. If the bulls are successful, then the price will likely go to $22 where we find another key resistance as indicated on the chart. If the bears win, then KCS may fall back to the $18 support level. Watch closely BTC and ETH as they will also influence where the market is headed next and KCS too. Technical Indicators: Volume: Volume has been steady, but declining somewhat. Nevertheless, all 3-day candles closed in the green in the past 20 days which is impressive. Perhaps a pullback is expected due to this. RSI: The daily RSI is curving down after the price failed to move above $20. For this reason, do not exclude a pullback and a shallow correction in the future. MACD: The daily MACD is bullish, but the histogram is quickly losing momentum with lower highs. Unlikely for KCS to move above $20 in this context. Bias The bias for KCS is neutral. KCS lost some of its momentum and we could see a pullback. Short-Term Price Prediction for KCS If KCS enters a correction, then the price may fall to $18 before a renewed push higher can be had. For now, watch closely the price action at $20 to get a hint of where the price is headed next. Like and follow if you liked my idea!
by DU09
KCS/USD - KuCoin Token Breakout! $22 Next!After finding support on the $15 level, KuCoin Token (KCS) rallied and used the bullish momentum to break above $18. This puts KCS on a clear path towards $22. Key support: $18 Key resistance: $22 With this latest breakout, KCS has made the $18 level support and is likely to continue higher until the key resistance at $22. This latest breakout has put a stop to the downtrend and if KCS is successful in moving above $22, then the correction that started in December 2021 would be put to an end. Nevertheless, breaking above $22 seems a difficult talks for KCS. Best to be patient and also monitor the overall market. Technical Indicators: Volume: Volume spiked last Friday during the breakout above $18 and buyers are still in total control of the price action. As KCS approaches the key resistance at $22, selling and profit taking may intensify which may lead KCS into a pullback. RSI: The daily RSI made a higher high and is above 50 points. There is plenty of space left until the RSI reaches the overbought zone. MACD: The daily MACD remains bullish and the histogram continues to move higher with momentum on the buyers side. If this is sustained, KCS can easily reach $22 in the nearby future. Bias The bias for KCS is bullish. Short-Term Price Prediction for KCS As long as bulls can maintain the current momentum, KCS is well positioned test the key resistance at $22. However, good to be cautious as price moves higher since bears may attempt to push back on this latest rally. Like and follow if you liked my idea!
Long
by DU09
KCS 1D Step-by-step long-term investment #7We 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 have three orders opened, and now we have a long-term position with notional $900 with an average entry price of $17.66. At that time, the position was still loss-making, and we did not place a stop due to high volatility in the market. Today the position shows +5%, and we can already put a logical stop on the position. As can be seen on the chart, we have a trade with the following conditions: Entry = $17.66. Stop = $14.24 Take Profit 1 = $36 Profit/loss ratio = 5/1 On the one hand, you can say that the stop is large, perhaps, but the ratio of potential profit to loss is acceptable for a long-term investment, and we do not want to lose a position at a nice price. In the same way we will manage the position in the course of price growth: rearrange the stop, fix profit on the part of the position, etc. If this is interesting for you, in order not to miss the update, subscribe to us, give us your likes and comments, and then tradingview will be the first to inform you about changes. _______________________________ 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 :)
Long
by P_S_trade
38
KCS/USD - KuCoin Token Rallies 20% After Finding Support at $15!After a significant market drawdown, KuCoin Token has finally found a good level of support that can propel the price back on the uptrend. Key support: $15 Key resistance: $18 After a significant drop in early January, KCS has found good support at $15. So far this key support held strong and allowed the price to recover some of the losses with a nice 20% price increase in the past week. This puts KCS back on the uptrend. The first real challenge for buyers will be the $18 key resistance level that will be difficult to crack, particularly if the overall market remains bearish. Technical Indicators: Volume: After a spike in volume during the most recent sell-off, the price entered into an uptrend, albeit on a lower volume profile. So far the bulls managed to have the upper hand, but this will be tested once the price arrives at resistance. RSI: The daily RSI fell into the oversold area during the crash last Saturday. Since then, the RSI rallied and is found at 36 points. MACD: The daily MACD remains bearish, but the histogram and moving averages are quickly curving back up. If buyers can sustain this momentum, they have a good chance to flip MACD back on the positive side. Bias The bias for KCS is mildly bullish. However, it is important to be cautious, particularly as the price approaches the key resistance at $18. Short-Term Price Prediction for KCS If the current bullish momentum is maintained, then KCS has a good chance to test the key resistance at $18. It is too early to tell if buyers will be able to move higher than that. I will revisit the chart once that happens. Like and follow if you liked my idea!
Long
by DU09
KCS 1D Step-by-step long-term investment #6We continue to publish a weekly column on public investing in Kucoin token Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search 1-2 weeks ago we were placing 3 buckets orders to buy long. On the recent crypto market fall, we got all buy orders filled. Now we have position with notional 900$ with average entry price $17.66 Logical stop below $15, however we do not place it yet, because the market is very volatile now, it is a pity to lose a long term position gained at a delicious price. As soon as the market shows a clear trend, we will place a stop and either update this idea, or we will write about it in a new idea. So, in order not to miss an update, subscribe to us, like and comment, and then you will be the first to be notified about the changes by tradingview. Today we will look at the KCSUSD pair on the 3D time frame. This is the third 3D candle in a row trading above the strong mirror level of $15 . It looks like that level was tested from above and now the buyers are fixing the KCS price above it. So far, everything is done in order for the growth to start in the near future. The first growth target is around $36 , which is x2 from our buying point, and it might be just the middle of the big growth channel. The global target for growth unchanged is $100-110. We would like to bring this column to the target and fix the profit with you. _______________________________ 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 :)
by P_S_trade
50
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. Like and follow if you liked my idea!
Short
by DU09
3
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. _______________________________ 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 :)
by P_S_trade
37
🔥 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!
by FieryTrading
9
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. Like and follow if you liked my idea!
by DU09
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 :)
by P_S_trade
29
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
by 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 :)
by P_S_trade
41
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. Like and follow if you liked my idea!
Long
by DU09
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 :)
Long
by P_S_trade
27