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Midterm

BTCUSD - mid term outlookHello all, Recently BTCUSD has set a new ATH and now it is trading in a correction. It has already broken out of the rising wedge like pattern and the short term structural support. If we take a look at the previous structural ATH (Apr 2021) then we could forecast the possible endpoint of the correction. Anyways there are 2 possible scenarios which are illustrated on the graph. Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision.
COINBASE:BTCUSD
by Barysbyek
KCS/USDT 1hr SETUP - Poss Bullish Retest & S/R Flip!Chart is pretty self explanatory. KCS is in a macro ascending triangle pattern and broke above the 200 SMA on the 1hr-- the 200 on the 4hr acted as resistance, and now it's retesting a very significant Support/Resistance level. If it can hold this level, expect upside. This is an aggressive buy at the bottom of a macro pattern. Higher risk, higher reward - potentially a strong mid term hold (assuming bull rally continues). Kucoin has been getting a lot more attention recently, especially in the US, as Binance is now requiring KYS for all users (effectively banning all users in restricted countries who had been getting by with a VPN). Kucoin is the only good exchange that offers margin trading and a lot of small cap alts (and XRP lol) to the US market. My trading group has been posting a lot more Kucoin setups in recent weeks/months, and with these insane small cap pumps, I expect more S-coin traders to get involved too. So I'm bullish on Kucoin as a mid term hold. happy trades, CD
Long
by cryptodonovan