KNCUSDT needs to create the breakout!

BINANCE:KNCUSDT   Kyber Network / TetherUS
The price melted from the 2$ area and the market printed a huge red Candle.
Now the price is testing the support at 1.1$ area

How to approach it?
The price needs to create a new bullish impulse from it and create the breakout of 1.2$ area and retest it as new support, so 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.
  • ⚫️ black structure -> <= 1h structure.
Follow the Shrimp 🦐


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