P_S_trade

KCSUSDT 1D Long-term investment #1

Long
KUCOIN:KCSUSDT   KuCoin Token / Tether
At the beginning of the year, we have published a serial of ideas introduced an investment trade into token Kucoin KCS, with a weekly updating of our opinions about the KCSUSDT price movement, and how we manage the position
The result is the break-even stop for +2.5% that we received when the whole cryptomarket began to fall.
More detail what we have chosen this token for medium(long)-term investment and the last update of the idea below:

Further, we only do shot short trades, because the market went into the stage of correctional fall.

And the other day, we have released a global idea on BTCUSDT , which noted that in our opinion, the price is now in a critical zone from where a not bad grew could be organized. More in more detail in the idea below:

Therefore, we will try to restore the investment section in the KCS, and every week we will update the information how we manage the position.
Considering that we expect growth in BTCUSD pair is a big chance that the rest of the cryptocurrencies will be tightened up by the main trade couple.
The price of KCSUSDT has bounced very well after May fall and now, after a weak correction (which may indicate the power of buyers) tries to fix above the mirror level of $15.00

Therefore, given the above facts, we offer the following input data for a long -term position:
Entrance in the range of $15.25-15.75
Stop below $10.99
Take Profit in the area of ​​$41.50
Profit/loss ratio 6/1

We expect that the summer can give a not bad wave of growth, of course, if there are no force Major.

So, if you are interested in this section: Put a like, write a comment and subscribe to us, and we will update the information every week how we manage this position and what we see new ones on the KCSUSDT chart.

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