KCS/USDT
Asset is trading at the 2017-2018 ATH. Looking at other exchange tokens (such as BNB), I understand that the potential of KCS is far from being revealed.
If we look at the weekly timeframe, we can see that the growth momentum from the price of $0.66 on 12/28/2020 to $20 on 04/05/2021 on the Fibonacci grid, we see that the asset has undergone a correction to the 0.382 level at a price of $5.4.
Then the asset began to form a new impulsive growth, the goals of which would be I see the next target at $ 57, and this is a very real price.
But, since many assets are now overheated and the market as a whole is overheated, I think we can see a pullback by the end of the week, we can take the opportunity and replenish the portfolio with KCS coins, since entry points and set positions between $17 - $15.
We set a stop lost according to our risk management.
Asset is trading at the 2017-2018 ATH. Looking at other exchange tokens (such as BNB), I understand that the potential of KCS is far from being revealed.
If we look at the weekly timeframe, we can see that the growth momentum from the price of $0.66 on 12/28/2020 to $20 on 04/05/2021 on the Fibonacci grid, we see that the asset has undergone a correction to the 0.382 level at a price of $5.4.
Then the asset began to form a new impulsive growth, the goals of which would be I see the next target at $ 57, and this is a very real price.
But, since many assets are now overheated and the market as a whole is overheated, I think we can see a pullback by the end of the week, we can take the opportunity and replenish the portfolio with KCS coins, since entry points and set positions between $17 - $15.
We set a stop lost according to our risk management.