KuCoin Token / TetherUpdated KCSUSDT Bearish Scenario Breakdown
Orange Area = 4 Hour Imbalance
If we trade above this on a 'closing' basis
then think higher prices - possibly $21.50.
If we failed to do so, the first objective is $17.50,
if we remain heavy the second objective is $16.00
BTC sentiment still appears bearish, this makes be bearish on crypto assets across the board.
I'm not selling.. I may trade these a bit in the coming weeks.
I'm waiting for extreme discount scenarios so I can invest.
I honestly don't trade crypto but these markets seems really nice for swing trades.
- Maradona Capital
Happy learning
If we trade above this on a 'closing' basis
then think higher prices - possibly $21.50.
If we failed to do so, the first objective is $17.50,
if we remain heavy the second objective is $16.00
BTC sentiment still appears bearish, this makes be bearish on crypto assets across the board.
I'm not selling.. I may trade these a bit in the coming weeks.
I'm waiting for extreme discount scenarios so I can invest.
I honestly don't trade crypto but these markets seems really nice for swing trades.
- Maradona Capital
Happy learning
Note
Amazing to see how accurate my analysis played out. I anticipated 17.5 and 17.52 was achieved.
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