the price lost the support after a breakout from the 21400 without momentum and the price retested the previous support as new resistance as I told you in my previous analysis.
Now the price is isnide a minor descending channel inside the major ascending channel above the 20k.
How to approach it?
We could see a retest on 21k is to retest the previous support again.
IF the price is going to get another rejection from it, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
Now the price is isnide a minor descending channel inside the major ascending channel above the 20k.
How to approach it?
We could see a retest on 21k is to retest the previous support again.
IF the price is going to get another rejection from it, 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 🦐