Trading_Smart

CSBTC 1d

Long
KUCOIN:CSBTC   None
As US stock market is higher this morning so the crypto market is higher as well. BTC trades at 9350 (+1.8%) and ETH trades at 243 or (+2.5%). CS/TC pair trades at 0.00000350 and tries to break out 0.00000360 resistance level which is looking fragile now. The support at 0.00000340 remains good. It`s still a very good buying opportunity with the medium term target at 0.00000415/0.00000420. Then the major double bottom at 0.00000320 will be confirmed with a potential target at April high near 0.00000600/0.00000650 level.
Disclaimer

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.