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P_S_trade
Jul 8, 2022 12:36 PM

KCSUSDT 1D Entry points for medium-term trades 

KuCoin Token / TetherKuCoin

Description

The Kcsusdt price of continues to move along the falling channel and in its lower part.

The other day, the KCS price fell to a critical level of around 8 dollars, where it was the last time a year ago. And now buyers are trying to turn the Kcsusd price upwards together with the crypto market.

It is also valid to assume that a global trend reversal of the Kucoin token price movement can occur through "the Head and Shoulders pattern"
And also we found a fractal of the price movement, which fits into the possible movement of the KCS price with an H&S pattern.

Everyone has to decide individually where to buy KCS here.
From the bottom of the descending channel to the top +100% price movement.
The next safe long entry point is if and when the KCS price fix above $12. But the possible upward movement of the Kcsusdt price from there will be only +45%

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Comments
FX_Professor
Excellent post, i very much agree with your point of view
P_S_trade
@FX_Professor, thanks for your support
DeGRAM
Thank you
P_S_trade
@DeGRAM, 👍
FieryTrading
Wonderful analysis! I like this setup💯
P_S_trade
@FieryTrading, thanks, nice to read this
AlkalineFX
A great idea!
P_S_trade
@AlkalineFX, thank you
HayeTrading
I have a feeling this post could prove to be incredibly accurate, could make a great swing trade 👍
P_S_trade
@HayeTrading, hope so) 🤞
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