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FieryTrading
20 janv. 2022 19:50

🔥 Kucoin Token: Break Out Or Bearish Continuation? Long

KuCoin Token / TetherKuCoin

Description

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A week ago I made an analysis on KCS and the bearish triangle it was trading in.



As expected, KCS is still trading inside this triangle pattern. However, during BTC's massive impulse wave earlier today, KCS saw a big move towards the triangle's top resistance area.

If BTC is able to maintain the bullish trend, we can expect KCS to break out in the near future. However, with a more bearish market we're going to move down towards the triangle's support again. Keep a close eye on BTC.

Happy trading!
Commentaires
graphbullS
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Good work
Helical_Trades
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Great charting style
Thank you !
kimstandgraph
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Nice target
Solldy
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Thanks for sharing!
P_S_trade
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Thanks, we have a similar thing
jojofang0901
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maybe another downside before the up move like you point out :) thx
UnitedSignals
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I guess we have a similar view on that. Well done!
VasilyTrader
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I have similar expectations here bro!
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