So there's the golden cross set-up... But where will this lead?
First we'll have to break some important (historical) resistances; 1. We just touched the 500 EMA, it seems this'll not likely be a resistance. 2. FIB levels 38%, 50% and 61.8% are important levels. 3. Finally the historical resistance at 1.88$
After 1.88$ anything can happen! Last time we've seen the price move above 2$ it reached 21$..
Would like to buy kcs? Make sure to sign up for kucoin with my refferal and help support my idea's. Click here! Thank you!
Note
Next target to reach is the 61.8% fib at $1.46! Be careful for any retrace for catching people on high leverage!
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.