The price is testing the descending channel after a nice bull run above the weekly level at 0.0079$ area.
Now the price is inside a descending channel above the liquidity zone.
How to approach it?
IF the price is going to lose the support and retest it as new resistance we could see a bearish impulse until the demand zone on 0.0055 area, so 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 🦐
Now the price is inside a descending channel above the liquidity zone.
How to approach it?
IF the price is going to lose the support and retest it as new resistance we could see a bearish impulse until the demand zone on 0.0055 area, so 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.
- ⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Note
The price is following my arrow, wait for the breakout!Note
The price is following my arrow according to Plancton's AcademyNote
The price followed my analysis according to MTB Plancton's Strategies
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.