Since the major crypto capitulation a couple of weeks ago, KCS has seen one of the strongest and resilient recoveries in the crypto space.
However, with BTC not showing any signs of overall bullishness, I'm not entirely sure if KCS can keep trading this strong bullish trend. When we connect the all-time high and the April local top we can construct a falling resistance which will likely trigger sell orders and shorters. I'm expecting a lot of pressure around this area. So, unless BTC will see more green days I'm wary of KCS's rally.
However, with BTC not showing any signs of overall bullishness, I'm not entirely sure if KCS can keep trading this strong bullish trend. When we connect the all-time high and the April local top we can construct a falling resistance which will likely trigger sell orders and shorters. I'm expecting a lot of pressure around this area. So, unless BTC will see more green days I'm wary of KCS's rally.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。