KCS/BTC touched a Heavy Support LEVEL, what’s next ?Hello everyone,
As you can see on the 4h time frame chart above KCS just bounced on a major historical support.
If you zoom out you can see all the bounces that had occurred on this level and the associated volumes that was not negligible.
BTC has still some downward potential for the next weeks before making any new ath’s (possible low target of 43k).
I believe that the KCS/BTC will not go below this major support and will slowly keep rising.
Have a great day and stay tuned.
#NotAFinancialAdvice