KCSUSDT 6h Continuation of the rise of the KCS price to $11.24

5 авг. 2022 г.

Last week, we suggested moving up the stop order to $9.91 to preserve +11% profit in the event of a market correction.

The correction of the crypto market took place, the stop should have worked.
But it turns out that the KCSUSDT price adjusted more weakly than the BTCUSDT price

So the conditions are now in place for continued growth KCS price to the target of $11.24.
From the current point, long is more risky.
But if the KCSUSD price breaks the triangle upwards and is fixed above $10.40, then 8% growth will become very likely.

Of course, everyone makes trading decisions personally related to his deposit and risks they are willing to take on their. We are just sharing here our view of the market
Have a nice weekend everyone
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