BATUSDT is searching the new higher low

BINANCE:BATUSDT   Basic Attention Token / TetherUS
The price created a dynamic resistance on the daily timeframe and after a retest of the monthly support, the price had a breakout from the static daily resistance.

On the 4h Timeframe, the price is testing the 4h resistance on 0.75$ and got the first rejection. We could see a retest of the support on the 0.72$

how to approach?
If the price is going to confirm the breakout, we can add to our watchlist and wait for applying our rules for a new long position
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.


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