KCS seems to be relatively unscathed at this point in time. Bitcoin took a steep dive over the past two weeks, losing over 20% of its value in this process. However, KCS is trading horizontally for the better part of November.
In my view, KCS is currently seeing a period of accumulation before breaking out again.
In the analysis above I talked about my long-term view on KCS. For the coming weeks, assuming a bullish break out of the violet area, I'm looking at a $30 and $40 target.
Happy trading!
In my view, KCS is currently seeing a period of accumulation before breaking out again.
In the analysis above I talked about my long-term view on KCS. For the coming weeks, assuming a bullish break out of the violet area, I'm looking at a $30 and $40 target.
Happy trading!
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