🔥 KuCoin Token W-Shaped Recovery
KCS has seen some very strong bearish price action over the last couple of days, losing almost 40% of its value at some point.
Massive sell-offs like these do often provide interesting opportunities to "buy the dip" and ride the recovery. With the stock market and BTC seeing bullish price action today, I doubt that we're going to see another steep drop in the near future.
For KCS, the first recovery target would be the mid-line of the W, around $23.5. In case of a strong move above that area, I'm looking at the ATH value of $28.7 for a potential exit.
Happy trading!
Massive sell-offs like these do often provide interesting opportunities to "buy the dip" and ride the recovery. With the stock market and BTC seeing bullish price action today, I doubt that we're going to see another steep drop in the near future.
For KCS, the first recovery target would be the mid-line of the W, around $23.5. In case of a strong move above that area, I'm looking at the ATH value of $28.7 for a potential exit.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.