The price is creating another channel below the daily resistance after the market retested the 18$ as I told you in my previous analysis.

How to approach?
The price needs to create a new breakout from the 18$ 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 🦐
Ascending ChannelchannelbreakchanneltrendChart PatternsDescending ChannelHarmonic PatternsTrend Analysis

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