A swing trade worth trading for in this bearish market

in #kucoin6 years ago

I spotted this trade signal for KCS last night. When there's a narrowing of the price and an increased volume, the bottle will have to burst! The value of KCS is also partially dependent on the price of BTC.

BTC hasn't been doing too well recently, nor has the market. The value of KCS is usually dependent on the exchange's volume. Since the price of BTC has been dropping, it's an excellent signal to see KCS holding strong.

If you don't know what KuCoin Shares (KCS) are, they pay holders the revenue collected from the exchange.

I would also like to mention how BNB is value at around $15, while KCS is trading for around $2. Binance is at the top 5 of exchanges in terms of volume, while KuCoin is around the top 30. KCS also has a slightly lower supply than BNB.

Conclusion

Now is an excellent time to buy KCS before a potential break out and is undervalued. Not only will you receive an increase in value of KCS, but you'll also receive daily dividends from the exchange's revenue.

Sign up for a KuCoin account HERE. Use the referral code: 1aMfJ for a bonus

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