KlejdiCuni

KCSUSDT: Why Am I Still Bullish on KuCoin?

Long
KUCOIN:KCSUSDT   KuCoin Token / Tether
From the previous analysis, we can see that the price keeps forming a large correction in time and price above the previous weekly structure.
Actually, the price is moving in a trading range between 17.81 and 28.77.
Now it is the perfect time to buy again. Despite the fact that BTC made a lower low KCS showed its power stopping the downward movement at the lower support area closet to 17.81.
From the pattern perspective, we are in time to join the bullish movement if you didn't do it yet.
First short term target at 23.35 for +27% (calculated from the bottom) and the high of the trading range at +57.70%

The longer-term is for more upside movement. The price can increase more than I am watching on the chart as the weekly chart supports that movement.
Consider the fact the KuCoin pays also dividend for KCS holders this add more value as well:)

Don't forget to check out the previous analysis:


Short Term Targets:
23.35
27.50

Medium-Term Targets:
32. 40
35.00
45.30

Thank you and Good Luck!

Previous analysis:
Base analysis the first one:











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