AlexLukyanin

KCS left behind

Long
AlexLukyanin Updated   
KUCOIN:KCSBTC   KuCoin Token / Bitcoin
Kucoin token is the only token which has not gained enough attraction during this bullish market. This exchange is now 8th in top exchanges by volume (according to coinmarketcap). And it provides decent returns as by holding it you have the right to have a part of fees received by the platform. According to my calculations, its APY is around 18%.
Also, despite being sceptical of TA, I can say, this is a huge falling wedge (or whatever) and as soon as price breaks out of it, we can expect an upside movement.
I would advice you to look for a breakout and enter then (KCS/USD looks better from the point of volume and price movement).
Comment:
At least locally point of control was a very good point of reversal. The price reached exactly 0.00012 and didn't go further. It is good if you closed your position as it is more than 100% of profit in BTC terms, but I think this is just a local correction and the price will break this level.
Comment:
I guess the next stop is around 0.00034

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