the price is testing the 4h resistance on the 0.5 Fibonacci level after a bearish impulse from the monthly support at 8.84$
How to approach it?
The price needs to create a breakout from it and retest the current resistance as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
How to approach it?
The price needs to create a breakout from it and retest the current resistance as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Note
Waiting for the breakout
Note
A clear breakout and retest as I told you. Now the price is testing the 0.786 Fibonacci level. More if the price is going to have another breakout from it.Note
15% so far so goodNote
20%, so far so good 🦐Note
22% since my call
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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.
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.