KCSUSDT is testing the 0.618 Fibonacci level

The price got a rejection from the weekly resistance where we were waiting for the flip for a long scenario.
the price is testing the 0.618 Fibonacci level and the market had a breakout from the descending channel.

How to approach?
The price could retest the demand zone on 18$, so 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 🦐

تعليق:

The price is following my drawing, an Amazing 12% so far 🎯