EOSUSDT, Currently, there is a potential opportunity for EOSUSDT to grab new liquidity from the 0.840 area. According to Plancton's Rules, a breakout above the 0.95 level could trigger a new long position.
Based on the given information, it appears that EOSUSDT has been consolidating around the 0.840 area, which may be considered a liquidity zone where significant buy orders or market demand is expected. Traders following Plancton's Rules would closely monitor this area, looking for signs of increased buying pressure that could lead to a breakout.
If the price of EOSUSDT manages to break above the 0.95 level, it would be seen as a significant shift in market sentiment. According to Plancton's Rules, this breakout would signal a potential opportunity for entering a new long position. Traders employing this strategy would aim to capture the potential upside momentum resulting from the breakout.
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Follow the Shrimp 🦐
Keep in mind.
Based on the given information, it appears that EOSUSDT has been consolidating around the 0.840 area, which may be considered a liquidity zone where significant buy orders or market demand is expected. Traders following Plancton's Rules would closely monitor this area, looking for signs of increased buying pressure that could lead to a breakout.
If the price of EOSUSDT manages to break above the 0.95 level, it would be seen as a significant shift in market sentiment. According to Plancton's Rules, this breakout would signal a potential opportunity for entering a new long position. Traders employing this strategy would aim to capture the potential upside momentum resulting from the breakout.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.