KCSUSDT 12h Medium-term trade - our target $11

15 jul 2022

Last week we posted the idea of a KCSUSDT trading pair on a large time frame to capture the overall picture of a falling channel.

They also we wrote about a possible reversal pattern and on the fractal, which the Kucoin token price could move.
However, the consolidation of the KCS price is delayed
The consolidation is likely to continue into a triangle before shooting up.

We can issue an order for the purchase of a medium-term long position under the following conditions:
Entrance 8,80-9,00
Stop 8,14
TP1 - 11,14
P/L ratio - 3/1
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