Trading_Smart

CSBTC

Lång
KUCOIN:CSBTC   None
For a couple of days CS/BTC pair is trading in the range between 0.00000219 and 0.00000247. Actually it is close to a support level and it seems to be reasonable to buy CS from 0.00000220 to 0.00000201 on a scale down basis with a stop-loss at 0.00000199. The next target is close to 0.00000320 which is strong resistance level. When it is broken the fast move to 0.00000388/0.00000400 or higher is quite possible. It is evident that CS/BTC pair is extremely oversold and fundamentally undervalued at current levels so it looks very attractive to accumulate it. After the bearish mood will be changed the reward will huge.

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