🔥 Kucoin Token: Break Out Or Bearish Continuation?

A week ago I made an analysis on KCS and the bearish triangle it was trading in.

🔥 KuCoin Token Volatility Expected


As expected, KCS is still trading inside this triangle pattern. However, during BTC's massive impulse wave earlier today, KCS saw a big move towards the triangle's top resistance area.

If BTC is able to maintain the bullish trend, we can expect KCS to break out in the near future. However, with a more bearish market we're going to move down towards the triangle's support again. Keep a close eye on BTC.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencyTechnical IndicatorskcskucointokenTrend Analysisusdt

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