Kucointoken
Take entry in KCS looking bullish.KCSUSDT has a lot of potential to go up and strongly help by a support most probably it's going to give atleast move of 10- 50% in coming days. KUCOIN:KCSUSDT
KCS - KuCoin Exchange token UNDERVALUED !!In order to catch up with its value (on a volume based estimation relative to a bigger exchange such as Binance) KuCoin Token has to at least 4 x !!
So 50 USD seems a realist price during the run up that will follow during the next 2 or 3 weeks.
Long term the price will be above 100 USD.
KCS has just backtested the break out of the bullish pennant. IT IS READY TO GO !!
Not financial advice - just how I am positioning my chips ...
KuCoin - soon to make another move !!At the end of december 2020, when the Altcoin Market bottomd, KuCoin was a great bargain !
When it broke out of the 12 month channel it shot up and made almost a 30 X move from its bottom.
Since then it has been consolidating for 6 months, drawing a beautiful bullish pennant.
Volume is showing steady interest for this fantastic exchange token from one of the most popular exchanges of the world (acutally number 5 by volume).
Soon price will make a decision: my take is it will blow up in an impulsive way.
The projected price of this formation is between 100 and 120 USD.
Thinks will soon start to get very interesting ! WATCH OUT !!
KCS/BTC breakoutI see KCS breaking out from a falling wedge against BTC in KCS/BTC pair.
A conservative exit would be 50% gain considering the wedge height along, while a long term exit would be 100% gain considering the pole height too.
🆓KuCoin Token (KCS) May-11 #KCS $KCSThe 12$ zone is a good support zone that KCS may generate new rally up to 23$ in June
📈BUY
-Buy: 11.7-12.3$. SL if B
-Buy: 15.6-16.4$ if A. SL if B
📉SELL
-Sell: 15.6-16.4$. SL if A
-Sell: 22.5-23.5$. SL if A
♻️BACK-UP
-Sell: 11.7-12.3$ if B. SL if A
-Buy: 9.75-10.25$ if A. SL B
-Buy: 7.8-8.2$ if A. SL B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
