XRPUSDT is testing the 4h resistance inside a pennant

١١ أغسطس ٢٠٢٢

The price had a breakout from the descending channel from the daily resistance and how the price is testing the 4h resistance inside a daily pennant.

How to approach it?
IF the price is going to have a breakout from the 4h resistance and retest it as new support, 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 🦐