The price had a breakout from the rising wedge on the 9.5$ area, and after a breakout of the Weekly support, the price melted until the 7.45$ area where the market has the 4h support.
Now the price is trying to hold this area and we could see a retest of the dynamic support as new resistance
How to approach it?
IF the price is going to lose the current support (7.2$ area) and retest as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Now the price is trying to hold this area and we could see a retest of the dynamic support as new resistance
How to approach it?
IF the price is going to lose the current support (7.2$ area) and retest as new resistance, 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 🦐
Comment:
MTB on that idea and the price is creating 7%. More if the price is going to lose the current support
Comment:
The price is testing the resistance as I told you.
Now we are waiting for the new bearish impulse and the breakout of 7.2$ area.
Now we are waiting for the new bearish impulse and the breakout of 7.2$ area.
Comment:
11% so far
More down if the price is going to lose it
Don't miss it