KuCoin (KCS): A HUGE Bowl!
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SUMMARY
Well, it seems like KuCoin (KCS/USD) doesn't do anything small. The very oversized rounded price formation has high left and right walls....certainly a very deep bowl. Not how vertical the blue five wave impulse was. Do you think the next impulse run up will also be near vertical? Afterall, the right wall of the bowl needs to be built.
The MACD is saying that the price run is about to break loose. It's coiled and ready to explode. The price will likely have a steeper angle of ascent than drawn in the chart. Let's see how the next few weeks play out!
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That is one beautiful bowl shaping up.
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