GRTUSDT is testing the supply zone as resistance
The price is testing the weekly resistance after getting the liquidity as I told you in my previous idea.
on the 4h timeframe the price is creating a descending channel below the 4h supply zone where the price got a rejection.
How to approach?
The price needs to have a breakout from that area and flip the supply zone into new demand zone. so According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
on the 4h timeframe the price is creating a descending channel below the 4h supply zone where the price got a rejection.
How to approach?
The price needs to have a breakout from that area and flip the supply zone into new demand zone. 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.
–––––
Follow the Shrimp 🦐
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.