KUCOIN:KCSUSDT   KuCoin Token / Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on Weekly: Left Chart
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.

Moreover, KCS is still sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.

As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)

Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.

on H4: Right Chart
For now, for the bulls to take over from a short-term perspective, we need a break above the last major high in orange .

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

This analysis is done using RichTL


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