KAVAUSDT.P trade ideas
KAVAUSDT is testing the weekly support. 🦐The price is testing the weekly support inside the daily descending channel. If the price will have a breakout on 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
🔥 KAVA Symmetric Triangle SpottedKAVA has recently seen some immense growth. Since then, the price has been consolidating and formed a triangle pattern. Seeing that the price grew immensely the 12th, I'm interpreting this triangle as a bullish continuation pattern. Looking at the current positive market conditions, I'm confident that we will see more of KAVA soon.
Happy trading!