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Technical analysis by MyCryptoParadise_Simon about Symbol KCS: Buy recommendation (1/22/2024)

https://sahmeto.com/message/918878
MyCryptoParadise_Simon
MyCryptoParadise_Simon
Rank: 30190
0.9
Buy،Technical،MyCryptoParadise_Simon

💎 Paradisers, direct your focus to #KCSUSDT, as it's currently positioned within a demand zone, indicating readiness for a notable bullish leap. 💎 At present, #KuCoinToken is on an upward trajectory, signaling a bullish trend near the demand level of $9.251. Interestingly, it has adhered to a descending channel pattern, respecting the channel's resistance on two occasions. Should the price continue to uphold its momentum at this juncture, we anticipate a vigorous bullish advance targeting the elevated supply zone at $15.06. 💎 Conversely, if #KCS faces challenges in maintaining its bullish stance at the $9.251 demand level, we may need to reconsider our approach. Such a scenario would prompt us to eye a bullish movement from a marginally lower demand level at $8.333. 💎 It's essential to remain vigilant to these shifts, as breaching below this level could necessitate a strategic pivot, particularly in the face of obstacles to sustaining bullish momentum in the #KCS market.Trade closed: target reached: 💎 Spot on again! #KCSUSDT has climbed 70.96%!Comment:

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$9.96
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