AtlasTrades

KuCoin Token can break resistance line and grew to 11-13 USD

Long
KUCOIN:KCSUSDT   KuCoin Token / Tether
Hello my friends, today I want to talk with you about KCS .

After prolonged downtrend, Kcs token draw falling wedge pattern which can push price above, at least for upward correction.

Now price trades close to resistance line, top part of wedge and we're waiting for breakout.

I think price will break the resistance line and will go above.

Maybe with retest, so you will be able to open long position.

First target is local high around 11-11.1 USD and second target is resistance around 13-13.1 USD

So be ready for such scenario.

This is an article, not financial advice, always do your own research.

If you have any questions, you can write it in comments below, and I will answer them.

And please don't forget to support this idea with your like and comment, thank you.
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.