This is purely our Technical analysis and our humble opinion.
So, don't get us wrong KuCoin is a nice exchange; not the best but it's good. We have done all kinds of research and testing and it is not our favorite but it ranks in the Top-7 of our research.
Regarding our chart:
16,25 is a BIG resistance and the price does not seem to have the momentum to rise higher.
What is worrying us is that the next support is at 9,45 which is very far away... and this calls us to go short here.
Again, that's our opinion, DYOR as always and remember to HEDGE.
One Love,
the FXPROFESSOR
So, don't get us wrong KuCoin is a nice exchange; not the best but it's good. We have done all kinds of research and testing and it is not our favorite but it ranks in the Top-7 of our research.
Regarding our chart:
16,25 is a BIG resistance and the price does not seem to have the momentum to rise higher.
What is worrying us is that the next support is at 9,45 which is very far away... and this calls us to go short here.
Again, that's our opinion, DYOR as always and remember to HEDGE.
One Love,
the FXPROFESSOR
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