KuCoin Token / Tether
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KCSUSDT is creating a descending channel

213
The price is creating an ascending channel on the daily timeframe below the weekly resistance after the price got liquidity as I told you in my previous idea on 0.886 Fibonacci level

On 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance

How to approach? the price needs to have a clear breakout from these structures with volumes and momentum, the market created a strong resistance on 21.2.
So if the price is going to have a breakout from the descending channel, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐
Not
The price is testing the weekly resistance, wait for the breakout!
anlık görüntü
Not
The price is trying to have a flip as I told you
anlık görüntü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.