plancton0618

APEUSDT is creating a rising wedge

Short
BINANCE:APEUSDT   APE / TetherUS
The price is testing the daily resistance after a bounce in the 3$ area.
On the 4h timeframe the price is creating a rising wedge on it and testing the 0.886 Fibonacci level, it's a key level.

How to approach it?
IF the price is going to lose the support and retest it as new resistance, 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 🦐
Comment: I'm still waiting for the breakout
Comment: The price had a false breakout from the rising wedge and after the breakout from the support, the price followed my arrow. 9% so far

🦐 FOLLOW THE SHRIMP🦐

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