P_S_trade

KCS 1D Step-by-step long-term investment #9

Long
KUCOIN:KCSUSDT   KuCoin Token / Tether
We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search

Today the position shows +14%, but we do not fix this profit, as it is a long-term investment, and we are waiting for the continuation of growth.
We are moving the stop on the position up a little bit to $14.89, and now it is -15.69%.

As we suggested in the previous idea, this week there was a correction in the crypto market. The price of the bitcoin went down, followed by all the alts.
But what is interesting, yesterday, when the price of BTCUSDT went down in a wave and updated the weekly minimum, the price of KCSUSD did not update the minimum, the buyers kept it on a dynamic green level.
If you look at the history of KCS trading, then after the price consolidate at this green level, it started a good growth.
The first target for the growth of $23.50 is +17% from the current price, which can already be a good result in a short period of time.
We are waiting for the second target of $34 and the third of $42.80

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