KCS 1D Step-by-step long-term investment #6

28 gen 2022

We continue to publish a weekly column on public investing in Kucoin token
Why we chose this particular token you can read in our previous ideas for this section using the KCSUSDT ticker search

1-2 weeks ago we were placing 3 buckets orders to buy long.

On the recent crypto market fall, we got all buy orders filled.
Now we have position with notional 900$ with average entry price $17.66 Logical stop below $15, however we do not place it yet, because the market is very volatile now, it is a pity to lose a long term position gained at a delicious price.
As soon as the market shows a clear trend, we will place a stop and either update this idea, or we will write about it in a new idea.
So, in order not to miss an update, subscribe to us, like and comment, and then you will be the first to be notified about the changes by tradingview.

Today we will look at the KCSUSD pair on the 3D time frame. This is the third 3D candle in a row trading above the strong mirror level of $15. It looks like that level was tested from above and now the buyers are fixing the KCS price above it.
So far, everything is done in order for the growth to start in the near future.

The first growth target is around $36, which is x2 from our buying point, and it might be just the middle of the big growth channel.

The global target for growth unchanged is $100-110. We would like to bring this column to the target and fix the profit with you.

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Since 2016, we have been analyzing and trading the cryptocurrency market.
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