InkyGrip

KCSUSDT is testing the support

Short
InkyGrip Updated   
KUCOIN:KCSUSDT   KuCoin Token / Tether
The price is testing the daily support on 9$ area where the price had a previous breakout and retest.
The market got a clear rejection from the 10$ area where we can find dynamic and static resistance.

How to approach it?
IF the price is going to have a breakout from the daily support and retest as new resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Comment:
The price needs to hold the support or we could see a bearish impulse until the weekly area
Comment:
5% as I said!
Comment:
More if the price is going to lose the weekly support
Comment:
the price followed my arrow.
7% so far
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.