KCSUSDT Analysis

7 thg 7, 2021

KCSUSDT hit the monthly 50 EMA and bounced off it on June 22 and broke out the nearest resistance area. The pair had been trading sideways since then for a few days. KCSUSDT is finally broke out of a nearly 3-month downtrend line on July 03 and continued to move up. The pair went further up and broke a resistance zone without slowing down. It reached another resistance zone yesterday and currently is having a minor pullback. The pair may be taking a short break from here before resuming its next move. A break out of the current resistance zone may take it to the next 18.80 resistance area, otherwise, it may test the previous support zone.