KCS looks like it completed an ABC correction movement after BTC made that deep correction at 32K.
Now we can see it moving higher very soon. Also, the price made a deep pullback that ended close to 78.6% fib. retracement.
A breakout of the price above the wedge pattern would confirm a fast increase in the bullish momentum.
The first wave movement that I am looking at is the same as the one located on June 21.
On the other hand, if that "Wedge Pattern" will prove to be correct then we can see the price moving higher and complete the "Ascending Channel"
For more details check the "Related Ideas"
Short Term Targets:
23.50
27.50
Medium Term Targets:
32. 40
35.00
45.30
Thank you!
Now we can see it moving higher very soon. Also, the price made a deep pullback that ended close to 78.6% fib. retracement.
A breakout of the price above the wedge pattern would confirm a fast increase in the bullish momentum.
The first wave movement that I am looking at is the same as the one located on June 21.
On the other hand, if that "Wedge Pattern" will prove to be correct then we can see the price moving higher and complete the "Ascending Channel"
For more details check the "Related Ideas"
Short Term Targets:
23.50
27.50
Medium Term Targets:
32. 40
35.00
45.30
Thank you!
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.