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InkyGrip
May 30, 2022 6:55 AM

KCSUSDT had a breakout! 18$ is coming! Long

KuCoin Token / TetherKuCoin

Description

From my first idea, the price gained 37%.
now the market is testing the 4h resistance after a breakout from the descending channel, and as I told you in my previous analysis, the price wants to retest the 18$, it's a key level.

How to approach it?
The price needs to create a clear breakout from the 17$ resistance, 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 🦐

Comment

44% as expected!
Comments
Solldy
Such a scenario is possible and cannot be completely ignored, BUT recently the trades have changed a bit, so it's worth thinking about a plan in case of a change in the trend.
InkyGrip
@Solldy, thanks for sharing your well developed thoughts
RLinda
Keep it up. Good job)
InkyGrip
@RLinda, thanks a lot my dear
Financial-Algorithm
Thanks
InkyGrip
CobraVanguard
Good work 👍🏻
InkyGrip
@TheTreeTrader, you are welcome
DeGRAM
Thank you. Great job!
InkyGrip
@DeGRAM, thanks to you mate
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