InkyGrip

KCSUSDT needs to hold the ascending channel

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KUCOIN:KCSUSDT   KuCoin Token / Tether
the price failed to create a new higher high and create a new breakout from the daily resistance at 10.5$ area.
Now the price is inside an ascending channel and the price is trying to hold the 9.8 Support.

How to approach it?
IF the price is going to lose support and retest it as new 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 🦐
Komen:
The price needs to hold the dynamic support.
If the price is going to lose the 9.7$ area we could see a clear bearish impulse according to Plancton's Rules
Penafian

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