KCS 12h Buyers do not give up, next it will be more interesting

29 Nov 2021

Another week has passed, and we are doing the idea of the pair KCSUSDT again
The weekend was very interesting, but let step by step

First, to understand the logic of our thoughts, we recommend you to look through our series of ideas for the KCSUSDT trading pair

We wanted to buy KCS at $20-21, moreover, we even bid buckets in the range of $13-15, but the price is not going down)

And we see global goals for growth in the area of $100-110.

Now let's have a look at our idea of BTCUSDT, which we also wrote last week.

And now let's compare the charts.
As you can see on today's double chart, on 26.11 there was quite a strong fall in the cryptocurrency market, but the price of BTCUSD updated the minimum, but the price of KCSUSD was held by aggressive buyers and did not allow to update the minimum.

We see that Bitcoin and KCS form different consolidation patterns, but from our own experience and observations we now bet on the continuation of growth

In crypto anything can happen and no one is insured from "black swan", that's why we still hold buckets at $13-15. However, the fact is that the price Kukoin token is kept strong and in our desired buying zone of $20-21, we have performed only one buy order, maybe we will have to buy higher, time will show)

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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)