P_S_trade

KCSUSDT 1D On the chart, the global "Bull flag"

KUCOIN:KCSUSDT   KuCoin Token / Tether
Looking at the schedule of the KCSUSDT, we clearly see that from the end of 2021 the price is in a trend of falling and clearly moves the channel down.

However, there was an interesting nuance recently. At this time, when the BTC and ETH was strongly updated the minimums, which were previously installed in the May fall, the price of KCS did not update minimum at least.

We bring to your attention a potential trade within the channel:
Entrance $11-11.50
Stop below $9.44
Take Profit $17.94
Profit/loss ratio 4/1

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