The price is testing the 4h resistance on the triangle.
The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $
How to approach it?
The price needs to create a clear breakout from that area.
If the price is going to get momentum and volumes, According to Plancton's strategy, we can set a nice order
The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $
How to approach it?
The price needs to create a clear breakout from that area.
If the price is going to get momentum and volumes, According to Plancton's strategy, we can set a nice order
Comment:
The price is testing the 4h resistance tight now!
Comment:
Still Valid, the price needs to create the breakout from it
Comment:
Big resistance on 2.2$. Wait for the breakout! Don't miss it