KAVAUSDT is inside a descending channel 🦐
Updated
KAVAUSDT is inside a descending channel and the price is testing the weekly resistance. IF the price will have a breakout from it and turn the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Note
The price is testing an important level right nowNote
28% after breakout as we saidNote
34% after the breakout. Waiting for the next weekly breakout for more continuation to upside Note
After 56% the price is creating a descending channel above the weekly supportNote
After the 56% the price tested the 0.618 Fibonacci level.Wait for the bullish impulse
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