KCSUSDT is creating a inverse head and shoulder
Updated
The price is testing the dynamic resistance at 10$ area.
the price bounced exactly on the weekly support on 8$ and the market is creating an inverse head and shoulders below the daily resistance (neckline)
How to approach it?
IF the price is going to have a breakout from the resistance and retest as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
the price bounced exactly on the weekly support on 8$ and the market is creating an inverse head and shoulders below the daily resistance (neckline)
How to approach it?
IF the price is going to have a breakout from the resistance and retest as new support, 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 🦐
Note
the price is creating a bull flag below the daily resistance.If the price is going to have a breakout from it, we could open a new long position according to Plancton's Strategies
Note
7% since my idea and now we are waiting for the breakout
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