KNCUSDT needs to create the breakout!

364
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 🦐

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.