TrimmerTrading

KCS 1700% gains, this coin will hit $22 by the end of the year

Long
TrimmerTrading Updated   
KUCOIN:KCSUSDT   KuCoin Token / Tether
I look for seriously good technical setups with coins that I perceive as undervalued. Fundamentally they have a use case and are doing something combined with they have been around for a while.

This coin powers the up-and-coming Ku exchange, it has the same business model as Binance which is a proven winner resulting in BNB skyrocketing.

Insanely good set up. We are looking at the weekly, we had an all-time high followed by a significant correction. We bottomed and then had an impulse, followed by a bullish descending channel. We have just impulsed and are forming a pennant on the weekly with lovely tight consolidation and ranging. This baby is primed to blow and I will at least hit $22. I have sells at $22 $30 and and unlikely target of $71, based of fib extensions. It will at least hit $22 by the end of this bullish market cycle.

Strictly opinion and is not financial advice!
Comment:

KCS is still correcting theirs a chance it has finished but more downside looks likely. These are the scenarios atm.

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.