The price had a breakout from the ascending channel and now the market is testing the dynamic resistance at 0.5$.
The market created a demand zone on 0.4$ so the price could get more liquidity in order to create a new breakout from the resistances.
How to approach it?
IF the price is going to grab new liquidity and create a new breakout, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The market created a demand zone on 0.4$ so the price could get more liquidity in order to create a new breakout from the resistances.
How to approach it?
IF the price is going to grab new liquidity and create a new breakout, 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 🦐