plancton0618

1INCHUSDT is testing the support. New bullish impulse soon?

plancton0618 Premium Updated   
BINANCE:1INCHUSDT   1INCH / TetherUS
The price is inside a descending channel and the market is testing the the demand zone on 0.58$ area.
The price needs to grab new liquidity and create a clear breakout from the 0.6$ area.

How to approach it?
IF the price is going to have a breakout and retest the 0.6 area 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.
  • ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
Comment: The price is testing the support as I told you. Now the price needs to create the bullish impulse from here
Comment: Now the price needs to grab the liquidity to turn the bullish bias
Comment: The price is starting to move as I told you.
Wait for the confirmations
Comment: The price is trying to flip the first resistance as new support.
Wait for the new bullish impulse

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