The price lost the monthly support and now the price is going to create a falling wedge on the monthly support. The price had a false breakout from the falling wedge and it got new liquidity for a bearish impulse.
On the 4h timeframe the price is testing the support above the demand zone. How do you approach it? IF the price is going to have a breakdown from the 4h support and grab new liquidity, traAccording 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 🦐
Nota
The price is going to grab new liquidity from the demand zone as I told you
let's see!
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The price is following my drawing, on 0.36 The market has a liquidity zone. Let's see!
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the price is testing our Demand zone as I told you. What's next? The price needs to grab liquidity and create a new breakout from 0.42$ anyway, so far 16% ✍🏻
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The market got the liquidity exactly where I told you. Now the price needs to create a new breakout from the 4h resistance. Let's see!
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The price is testing the 4h. after the breakdown, the price is testing the resistance as I told you. Bit Potential and nice gain.
Congrats Planctoners 😎
Nota
Waiting for the breakout and our Rules! 🚀 Don't Miss it
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