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KuCoin Token (KCS) - May 26

KUCOIN:KCSUSDT   KuCoin Token / Tether
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(KCSUSDT 1W Chart)
Below the 6.859-7.562 section: There is a possibility of entering the mid- to long-term investment area.

Above 10.230: Expected to create a new wave


(1D chart)
If it finds support above 15.880, I expect it to turn into an uptrend in the short and medium term.

However, due to the volatility of BTC, there is a possibility of temporarily touching the 13.450-14.093 section, so careful trading is required.

(buy)
- 1st buy: After confirming support at 15.880
- 2nd purchase: After confirming support near the 13.450-14.093 section

(Stop Loss)
- When it falls below 12.511

(Sell)
- When receiving resistance near 19.007
- When receiving resistance in the section 21.376-22.189

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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