KCS| KuCoin Token Falling Wedge Pattern | Wait For BreakOut
At the mid of August KCS token tested a very strong resistance zone near $11
After that price completed a "Rising Wedge" pattern that pushed the price lower again.
Actually, The price is create the opposite scenario to increase the price again. This time we can see a very nice "Falling Wedge" pattern or a bullish pattern.
When the price will bounce above the pattern will increase the chances for the next bullish movement.
Not the safest idea in the current market, but the description is good, so I'll keep it in mind. Do you somehow take news into account when writing the idea?