KCSUSDT is testing the daily resistance

the price created a double bottom on the weekly support (the red one) on the 0.5 Fibonacci level.
After the breakout, retested the previous resistance as new support (on 4h timeframe)
The price got a rejection from the daily resistance and 4h dynamic resistance.

How to approach?
IF the price is going to have a breakout from the dynamic resistance and daily resistance with volume, we can add in our watchlist and wait to apply our rules in order to find a new long opportunity.
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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.
  

Komentarz:

Sometimes no loss is like a profit.
the price didn't trigger our strategies, the market needs to satisfy our rules before a new position.
the price got a rejection from the daily resistance and now it's testing again the weekly support.