KUCOIN TOKEN - KCS/USDT - 1H - Technical analysis published on 06/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 8.94 USDT
My targets
9.55 USDT (+4.83%)
10.79 USDT (+18.47%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KUCOIN TOKEN - KCS/USDT as long as the price remains well above 8.94 USDT. The buyers' bullish objective is set at 9.55 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.79 USDT. If there is any crossing, the next objective would be the resistance located at 15.73 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KUCOIN TOKEN - KCS/USDT rating 9.11 USDT. On the day, this instrument gained +5.44% and was traded between 8.64 USDT and 9.39 USDT over the period. The price is currently at +5.44% from its lowest and -2.98% from its highest.8.64
9.39
9.11
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this KUCOIN TOKEN - KCS/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.38 | 8.68 | 8.94 | 9.11 | 9.55 | 15.73 | 18.72 |
| Change (%) | -8.01% | -4.72% | -1.87% | - | +4.83% | +72.67% | +105.49% |
| Change | -0.73 | -0.43 | -0.17 | - | +0.44 | +6.62 | +9.61 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.11 | 8.33 | 8.49 | 8.71 | 8.87 | 9.09 | 9.25 |
| Camarilla | 8.54 | 8.57 | 8.61 | 8.64 | 8.68 | 8.71 | 8.75 |
| Woodie | 8.07 | 8.32 | 8.45 | 8.70 | 8.83 | 9.08 | 9.21 |
| Fibonacci | 8.33 | 8.48 | 8.57 | 8.71 | 8.86 | 8.95 | 9.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.18 | 6.10 | 7.05 | 7.97 | 8.92 | 9.84 | 10.79 |
| Camarilla | 7.50 | 7.67 | 7.84 | 8.01 | 8.18 | 8.35 | 8.52 |
| Woodie | 5.21 | 6.11 | 7.08 | 7.98 | 8.95 | 9.85 | 10.82 |
| Fibonacci | 6.10 | 6.81 | 7.25 | 7.97 | 8.68 | 9.12 | 9.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -8.25 | -1.75 | 2.90 | 9.40 | 14.05 | 20.55 | 25.20 |
| Camarilla | 4.48 | 5.51 | 6.53 | 7.55 | 8.57 | 9.59 | 10.62 |
| Woodie | -9.18 | -2.21 | 1.98 | 8.94 | 13.13 | 20.09 | 24.28 |
| Fibonacci | -1.75 | 2.51 | 5.14 | 9.40 | 13.66 | 16.29 | 20.55 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.36 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | -0.85 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 9.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.38 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 9.31 | |
| Zig ZAG (10): | 8.92 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 48.14 | |
| TEMA (21): | 9.14 | |
| Williams %R (14): | -61.25 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | -1.4300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 9.12 |
| MA7: | 8.52 | |
| MA20: | 8.19 | |
| MA50: | 9.83 | |
| MA100: | 9.55 | |
| MAexp7: | 9.05 | |
| MAexp20: | 8.98 | |
| MAexp50: | 8.84 | |
| MAexp100: | 8.67 | |
| Price / MA7: | +6.92% | |
| Price / MA20: | +11.23% | |
| Price / MA50: | -7.32% | |
| Price / MA100: | -4.61% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +1.45% | |
| Price / MAexp50: | +3.05% | |
| Price / MAexp100: | +5.07% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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