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KCSUSDT

KCS - New KuCoin chainSo KCS has been getting tons of hype in the past week or so and the chart certainly reflects that. Assuming Bitcoin isn't going bear, then I expect KCS to do quite well in the coming weeks/months. Wave 3 hit the 1.618 extension perfectly. Projection for wave 5 is often the 0.618 extension of the start of wave 1 to bottom of wave 4. No timeline on this, and invalidation is a long way down, so certainly worth being careful at the moment. That being said, there are certainly shades of BSC with all the projects popping up that are building and it's quite similar to BSC/ETH/Matic in that it's just a quick add to your Metamask to begin interacting with the chain. I've tried it to buy a few of the smaller projects building on it, and as with BSC, it's much much faster and cheaper than ETH as you'd expect. Hitting that target would put the MC somewhere around 5 billion I believe which isn't too big a stretch if/when bull market conditions return.
Long
by crossedfingers1
2
KCSUSDT AnalysisKCSUSDT hit the monthly 50 EMA and bounced off it on June 22 and broke out the nearest resistance area. The pair had been trading sideways since then for a few days. KCSUSDT is finally broke out of a nearly 3-month downtrend line on July 03 and continued to move up. The pair went further up and broke a resistance zone without slowing down. It reached another resistance zone yesterday and currently is having a minor pullback. The pair may be taking a short break from here before resuming its next move. A break out of the current resistance zone may take it to the next 18.80 resistance area, otherwise, it may test the previous support zone.
by avis06
KuCoin Bounces Off 45 Day Channel Support-KCS has dropped nearly 80% from its ATH -Kucoin has found support at the $6 range -RSI faces 2 week trend line Kucoin has had an amazing last year rising over 1500%. In the past few weeks KCS has gave up much of these gains as the entire market experienced its worse sell off in over a year. KCS has held strong support level of $6.31. This area is met with the bottom trend line of the descending channel. Kucoin has respected this descending channel for nearly 2 months. If the support range of $5-$6 cannot hold, expect a retracement to $4.40 zone. The 30MA has held as resistance for nearly 2 weeks. KCS must break and hold this MA to have a shot at breaking the major resistance of $8.56. If Kucoin manages to break this resistance and hold, it will likely rally to $10.35 and potential the top trend of the channel. 

 While looking at the Stoch RSI, we can conclude that strength has strongly revived out of oversold levels. Strength must curl around back to overbought area to have a shot at breaking resistance. The regular RSI has been held down by a trend for over 2 weeks. Once this breaks, KCS is ready to uptrend. KCS intraday levels Spot rate: $7.07 Trend: Bearish Volatility: High
 Support: $6.30 Resistance: $8.56
by CoinGape
2
KCS 1700% gains, this coin will hit $22 by the end of the yearI look for seriously good technical setups with coins that I perceive as undervalued. Fundamentally they have a use case and are doing something combined with they have been around for a while. This coin powers the up-and-coming Ku exchange, it has the same business model as Binance which is a proven winner resulting in BNB skyrocketing. Insanely good set up. We are looking at the weekly, we had an all-time high followed by a significant correction. We bottomed and then had an impulse, followed by a bullish descending channel. We have just impulsed and are forming a pennant on the weekly with lovely tight consolidation and ranging. This baby is primed to blow and I will at least hit $22. I have sells at $22 $30 and and unlikely target of $71, based of fib extensions. It will at least hit $22 by the end of this bullish market cycle. Strictly opinion and is not financial advice!
Long
by TrimmerTrading
2
KCS False Breakout? Still in rangePotential false breakout from the wedge. - Still no clear direction while it accumulates. - Having difficulties re-testing the $14 area but the more accumulation that occurs here before the next catalyst the better the run should be. - Be careful trying to swing trade in this area. Manage risk! - I'd be happy if it stayed in this range for the next few weeks like the last accumulation period but am prepared for anything to happen. - I think KCS has a bright future along with the the exchange. How about you?
Long
by DerpyToast
2