Londinia Opportunities Analyses - 05/07/2024 (GMT) KUCOIN TOKEN (X100) - KCS/BTC - 1H

KUCOIN TOKEN (X100) - KCS/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: KCSBTC
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.016482 BTC
My targets
0.017293 BTC (+2.94%)
0.017940 BTC (+6.79%)
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 (X100) - KCS/BTC as long as the price remains well above 0.016482 BTC. The buyers' bullish objective is set at 0.017293 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.017940 BTC. If there is any crossing, the next objective would be the resistance located at 0.019900 BTC. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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Additional analysis

Quotes

The KUCOIN TOKEN (X100) - KCS/BTC price is 0.016800 BTC. The price registered a decrease of -0.53% on the session and was traded between 0.016230 BTC and 0.016900 BTC over the period. The price is currently at +3.51% from its lowest and -0.59% from its highest.

0.016230
0.016900
0.016800

Here is a more detailed summary of the historical variations registered by KUCOIN TOKEN (X100) - KCS/BTC:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of KUCOIN TOKEN (X100) - KCS/BTC indicates that the overall trend is strongly bullish. 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 scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.016100 0.016482 0.016700 0.016800 0.017940 0.019900 0.022308
Change (%) -4.17% -1.89% -0.60% - +6.79% +18.45% +32.79%
Change -0.000700 -0.000318 -0.000100 - +0.001140 +0.003100 +0.005508
Level Major Minor Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0155230.0157970.0163430.0166170.0171630.0174370.017983
Camarilla0.0166650.0167400.0168150.0168900.0169650.0170400.017116
Woodie0.0156600.0158650.0164800.0166850.0173000.0175050.018120
Fibonacci0.0157970.0161100.0163030.0166170.0169300.0171230.017437


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0142570.0148730.0154670.0160830.0166770.0172930.017887
Camarilla0.0157270.0158380.0159490.0160600.0161710.0162820.016393
Woodie0.0142450.0148680.0154550.0160780.0166650.0172880.017875
Fibonacci0.0148730.0153360.0156210.0160830.0165460.0168310.017293


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0087200.0104400.0131700.0148900.0176200.0193400.022070
Camarilla0.0146760.0150840.0154920.0159000.0163080.0167160.017124
Woodie0.0092250.0106930.0136750.0151430.0181250.0195930.022575
Fibonacci0.0104400.0121400.0131900.0148900.0165900.0176400.019340

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.83
MACD (12,26,9): 0.0001
Directional Movement: 3.729689
AROON (14): -14.285714
DEMA (21): 0.016674
Parabolic SAR (0,02-0,02-0,2): 0.016230
Elder Ray (13): 0.000145
Super Trend (3,10): 0.016844
Zig ZAG (10): 0.016790
VORTEX (21): 0.9435
Stochastique (14,3,5): 74.44
TEMA (21): 0.016655
Williams %R (14): -5.00
Chande Momentum Oscillator (20): 0.000370
Repulse (5,40,3): 0.8092
ROCnROLL: 1
TRIX (15,9): 0.0663
Courbe Coppock: 0.25
MA7: 0.016413
MA20: 0.015567
MA50: 0.016191
MA100: 0.018633
MAexp7: 0.016635
MAexp20: 0.016582
MAexp50: 0.016450
MAexp100: 0.016337
Price / MA7: +2.36%
Price / MA20: +7.92%
Price / MA50: +3.76%
Price / MA100: -9.84%
Price / MAexp7: +0.99%
Price / MAexp20: +1.31%
Price / MAexp50: +2.13%
Price / MAexp100: +2.83%

Quotes : - Real time data - Cryptocompare