KCS/USD - Massive Pump in progress. KCS above $10! 😍
The altcoin market is having a party and KCS is no different, with a lovely price action in this past two days that took KCS above $10!
Two digits prices again, nice!
Looking at the chart it seems to me that the bullish divergence on this 3-day timeframe may be just starting to manifest itself.
The first key resistance is at $11, if that falls then KCS could rally hard towards $14.
The indicators on this timeframe are all turning bullish: MACD about to flip bullish, RSI pumping, OBV turning bullish.
Looking promising. Hence bias is bullish on this price action.
Volume is also increasing, but could be higher. In any event, the indicators are looking juicy to me.
Longs have the better risk/reward here.
Like and follow if you liked my idea!
Two digits prices again, nice!
Looking at the chart it seems to me that the bullish divergence on this 3-day timeframe may be just starting to manifest itself.
The first key resistance is at $11, if that falls then KCS could rally hard towards $14.
The indicators on this timeframe are all turning bullish: MACD about to flip bullish, RSI pumping, OBV turning bullish.
Looking promising. Hence bias is bullish on this price action.
Volume is also increasing, but could be higher. In any event, the indicators are looking juicy to me.
Longs have the better risk/reward here.
Like and follow if you liked my idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.