As you might have seen in my previous analyses, I've been following KCS's bullish correction every step of the way.
With the big reversal over the last 24 hours, I think that the higher low has definitely been set and that more bullish price action is coming our way.
In my previous analysis I marked the $21.2 area as an area of resistance. This was also the exact area where the minor bearish correction occurred a couple of days ago. For now, my previous set targets are still in place.
Assuming BTC will remain either neutral or slightly bullish, good things will come our way.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.