the price is testing the support on 13$ on the daily timeframe inside a descending channel.
In the 4h timeframe, the price had a breakout from the bear flag.
At the moment the price is testing important support.
How to approach?
If the price is going to have a breakout and retest the previous support as new resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
In the 4h timeframe, the price had a breakout from the bear flag.
At the moment the price is testing important support.
How to approach?
If the price is going to have a breakout and retest the previous support as new resistance, 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 🦐
Commento:
The price is testing the 4h support as I told you, we are waiting for the breakout to add it into our watchlist. Be careful about the false breakout!
Commento:
The price is testing our support as expected.
bearish if the price is going to have a breakout and satisfy our rules
bearish if the price is going to have a breakout and satisfy our rules
Commento:
the price got a rejection from our key level, no strategy triggered so far.
Still on my watchlist
Still on my watchlist
