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ThinkLikeaWhaleTLAW
Sep 24, 2023 1:48 PM

KCS Clear 4.84 a run to 5.95 can be expected. Cautiously bullish Long

KuCoin TokenCRYPTO

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Not financial advice.
All charts are made on current market conditions.
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KCS is currently in 5 wave corrective structure from it all time high.
You can see we had a death cross as evidenced by the blue 💙 cross ❌ on chart and now have lost lots of value
KCS has been impacted by loss of customer base due to KYC methods being implemented.
First thing I would wait for is for 2.84 to hold or break thru 4.85. Kind of in no man's land at the moment
Stoch RSI has a nice curve signaling a incoming move but be weary of whether we clear the 4.84 level.
Trade ideas moving forward
I would most likely wait for entry until 4.84 is cleared the way for a move to 5.50 range.
Always practice patience
#PIK Patience Is Key
#TLAW Think Like A Whale

Trade closed: target reached

Target of 5.95 reached +30% gain
In the books
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