I've been following KCS's price action on foot over the course of several months now. KCS is one of the stronger tokens with a fairly decent use-case backing it up. In my last analysis I focused on short-term price price action, with great success.
With today's analysis I'd like to focus on a more long-term time frame. As seen on the chart, KCS has been following a bullish consolidation pattern for almost a year now. My expectation is that this pattern will continue to hold in the coming weeks.
Target would be the upper bound of the pattern, around $30.
Happy trading!
With today's analysis I'd like to focus on a more long-term time frame. As seen on the chart, KCS has been following a bullish consolidation pattern for almost a year now. My expectation is that this pattern will continue to hold in the coming weeks.
Target would be the upper bound of the pattern, around $30.
Happy trading!
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