KAVAUSDT is inside a descending channel 🦐

KAVAUSDT is inside a descending channel and the price is testing the weekly resistance. IF the price will have a breakout from it and turn the current resistance into new support, 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.

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The price is testing an important level right now

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28% after breakout as we said

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34% after the breakout. Waiting for the next weekly breakout for more continuation to upside

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After 56% the price is creating a descending channel above the weekly support

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After the 56% the price tested the 0.618 Fibonacci level.
Wait for the bullish impulse