KCSUSDT: Hope You Are Part of This BULLISH Wave?Key Information:
KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange.
The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.
During the last two analyses shown below respectively "the eighth and seventh idea," we focused on how to initiate a trade for at least +30% movement.
In the seventh analysis, we explained in detail that we are trading the CD leg of the pattern and the entry point.
In the eighth analysis (previous one) we explained the movement of the price on the weekly chart, how it was behaving, and the possible expectations.
Actually, we can see that the price followed our analysis.
After moving lower up to the weekly support area close to 20.1, the price made a perfect reversal and now it is moving higher to test the top of the last two weeks near 23.53
During the last two weeks, the price was moving between 20.1 and 23.53.
The next level 23.53 would be very decisive for a stronger bullish movement.
So in the next hours, we want to see the price moving higher above 23.53. That would increase the chances for the price to test 28.77 and with that +30% movement.
Don't forget that the longer targets are not to far away as the price is developing in a perfect way as explained in the first and base analysis.
Short Term Targets:
24.50
27.50
Medium-Term Targets:
32. 40
35.00
45.30
Thank you and Good Luck!
The Eighth Idea:
Seventh Idea:
Sixth Idea:
Fifth Idea:
Fourth Idea:
Third Idea:
Second Idea:
First and Base Idea:
