The price is in the consolidation phase above the daily support at 12.40$ and the market is trying to have a breakout from the descending channel
How to approach it? IF the price is going to have a clear breakout from the static 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.
⚫️ black structure -> <= 1h structure.
––––– Follow the Shrimp 🦐
ملاحظة
The price needs to create a clear breakout and flip the current resistance into new support. Let's see!
ملاحظة
The price is testing the daily resistance as I told you. Wait for the breakout!
ملاحظة
The price is testing the resistance as I told you. Wait for the breakout!
ملاحظة
The price is testing the daily resistance. Wait for the breakout
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.