KCSUSDT has recently seen an increase in price, as it has grabbed liquidity from the $6 area and is now creating higher highs and higher lows.
The price has also recently broken out from a bull flag, as previously mentioned.
What is the Bullflag?
A bull flag is a chart pattern that is formed after a strong bullish move and is characterized by a period of consolidation or correction, where the price moves sideways within a defined channel. The channel is usually inclined downwards, and the price action forms a flag-like shape. The pattern is typically considered bullish, as it suggests a continuation of the prior bullish trend. Bull flags often occur during periods of low volatility, and a break above the upper trendline of the flag is considered a bullish signal, indicating that the price will likely continue to rise.
The next step for KCSUSDT is to create an impulse with high volume until reaching the key level of $8.6.
We are waiting for the conditions or criteria to be met before taking any action on the KCSUSDT.
These rules or criteria, also known as a Plancton's Strategy, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price has also recently broken out from a bull flag, as previously mentioned.
What is the Bullflag?
A bull flag is a chart pattern that is formed after a strong bullish move and is characterized by a period of consolidation or correction, where the price moves sideways within a defined channel. The channel is usually inclined downwards, and the price action forms a flag-like shape. The pattern is typically considered bullish, as it suggests a continuation of the prior bullish trend. Bull flags often occur during periods of low volatility, and a break above the upper trendline of the flag is considered a bullish signal, indicating that the price will likely continue to rise.
The next step for KCSUSDT is to create an impulse with high volume until reaching the key level of $8.6.
We are waiting for the conditions or criteria to be met before taking any action on the KCSUSDT.
These rules or criteria, also known as a Plancton's Strategy, 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 🦐
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