KuCoin token breakdown Rising Wedge patternHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want talk with you about KCS chart.
Few days ago price exit from rising wedge down.
But today already made retest of current resistance line of wedge.
I think price can continue to fall to work our bearish pattern - rising wedge.
First target in my opinion should be closer, at this moment is level 18-17.5 $.
And second target is at 16$ level.
From second target 16 $ i'm expect at least small upward correction movement.
But about it I will update you later.
So, I'm waiting for this short scenario for now.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !