Recently experienced a price drop due to some bad news but has since shown signs of recovery.
The ideal accumulation range for KUCOIN:KCSUSDT is between $10 to $5, making it a good opportunity to buy more as it holds significant potential.
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KCS| KuCoin| Is This The Time For KCS To Grow Again?
We can see that the price is moving within the "Ascending Channel Pattern"
during all the month.
Actually the price is close to the support line again and it is getting ready for the next
bullish movement.
The pattern needs to complete the "E" wave.
Targets:
🎯 10.56
🎯 11.10
Thank you and Good Luck
This is based on fundamental analysis.
Since $BTC has shown a 10% up on a weekly candle, I'm bearish about bitcoin. And this time bitcoin shall crash below 16,000 $USDT as $KCS will follow somewhere near $8. Don't open any leverage trade based on this analysis, just open a spot order between these rates.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (15.851).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KCSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
