ATOMUSDt is testing the dynamic resistance

The price created the M pattern on the daily timeframe and now the price is testing the descending channel above the daily support on 9$ area

How to approach it?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ black structure -> <= 1h structure.
  

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Follow the Shrimp 🦐

تعليق:

The price is testing the dynamic resistance inside the descending channel
Wait for the next bearish impulse