KCS/USDT (Prev Resistance Acting Support)

💎Technical Analysis Summary💎


KCS/USDT


-Despite the recent BTC downward action
-KCS remains above the daily Fib 0.5 level
-Also, looking at the higher time frame 3Day period
-The price respected the fast-moving EMAs 19 & 23
-The previous swing top last April 10 still acting as support
-The priority for this coin remains to the upside
-Provide the current support area is holding
-Again, if you are playing aggressively, stops is set below 17.7
-Or the previous to long wick candles last Dec 3-6
-Please be cautious, the overall market is still in danger
-Limit your position sizes
-& immediately move the stop-loss to BE once in gains
-Good luck guys and stay safe!


KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.
As the native token of KuCoin, the value of KCS is strongly correlated with the KuCoin exchange platform.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world.

For more info about KCS and Bonuses, please visit the link under my Signature Field.


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