P_S_trade

KCSUSDT 1D There are signs for start growing

Long
KUCOIN:KCSUSDT   KuCoin Token / Tether
The KCSUSDT price continues to move in the global falling channel. This channel can be interpreted as a global "bull flag"
The first signs of reversal pattern formation appeared on the graph.

We can assume that a reversible pattern, the "Head and Shoulders" will be formed. In the left shoulder the largest volumes, in the head despite the fact that the price has updated the minimum volumes have decreased. Further, according to the scheme there should be an increase in the KCS price on mediocre volumes, without strong resistance of sellers from above.

The first target from above + 80% at the intersection of the upper boundary of the falling channel and a strong mirror level $17.80
_______________________________
Since 2016,
we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)

🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade

🔥V-I-P cutt.ly/PwkLhT56

👍Crypto activities and free💲 cutt.ly/0w9VqL2X

💰Trade here + take Bonuses linktr.ee/ps_trade

🔵Telegram t.me/pstrade_eng
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.