the price had a nice breakout from the daily resistance and now the market is testing the 4h resistance at 67.7$ area.
the price retested the daily resistance as new support on 64$ area
How to approach it?
IF the price is going to have a new breakout from the 4h resistance and retest it as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
the price retested the daily resistance as new support on 64$ area
How to approach it?
IF the price is going to have a new breakout from the 4h resistance and retest it as new support, 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.
–––––
Follow the Shrimp 🦐
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.
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.