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.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.