AVAXUSDT is testing the 4h resistance

٨ أغسطس ٢٠٢٢

The price had a breakout form the pennant as I told you on my previous analysis and now the price is testing the 4h resistance

How to approach it?
IF the price is going to have a breakout and retest it as new support, 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.
  

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Follow the Shrimp 🦐

١١ أغسطس ٢٠٢٢

ملاحظة

The price is following the arrow! 22% since my idea 👀

١١ أغسطس ٢٠٢٢

ملاحظة

The price is going to create a bullflag above the 4h support.
22% so far and more if the price is going to have a new breakout!

١٢ أغسطس ٢٠٢٢

ملاحظة

Wait for more!
22% so far

١٤ أغسطس ٢٠٢٢

ملاحظة

22% so far, more if the price is going to have a breakout from the descending channel

١٦ أغسطس ٢٠٢٢

ملاحظة

still wait for the breakout to continue the bull run