The price had a breakout from the falling wedge and now the market is testing the monthly resistance at 0.12$.
The price is testing the 0.5 Fibonacci level as retracement.
How to approach it?
IF the price is going to have a breakout from the monthly resistance and retest the 4h 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 🦐
The price is testing the 0.5 Fibonacci level as retracement.
How to approach it?
IF the price is going to have a breakout from the monthly resistance and retest the 4h resistance 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 🦐
Note
36% 😎Note
MTB strategy and 106% without any Leverage.What else?
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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.