InkyGrip

EOSUSDT time for the reversal?

Long
InkyGrip Updated   
BINANCE:EOSUSDT   EOS / TetherUS
The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.

On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.

How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, 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:
The price is testing the 4h resistance as excepted!
Bull if the price is going to break it!

Don't miss it 😎
Comment:
The price is trying to have a breakout!
Comment:
So Far So good
8%
Comment:
perfect breakout from the 4h resistance as I told you.
Comment:
15% 🎯
Congrats Planctoners
Comment:
The price is testing the 4h resistance after a perfect breakout as I told you.
If the price is going to have another breakout, we could see a new bullish impulse!

15% so far, congrats Planctoners 😎
Comment:
40% since my call
Comment:
41% so far.
The price could have a new breakout from the bull flag and a new bullish impulse!

let's see!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.