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InkyGrip
Apr 5, 2022 7:08 AM

ETHUSDT is testing the 4h resistance Long

BINANCE:ETHUSDT240
Ethereum / TetherUSBinance

Description

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According to my previous analysis (tradingview.com/chart/ETHUSDT/rAhOPrwl-ETHUSDT-is-testing-the-previous-resistance-as-new-support/) the price followed my arrow and now the price is testing the 3520$ resistance.
On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support.

How to approach?
The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐
Trend AnalysisHarmonic PatternsChart Patternsbreakoutbreakouttradingbreakoutsignalbreakoutsbreakouttrade
Comments
ramvalecha
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Axsusdt
axsusdt
InkyGrip
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@ramvalecha, noted thanks
InkyGrip
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@ramvalecha,
aliyashah
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cocos technical analysis pls and thaks for iotx planctor
InkyGrip
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@aliyashah, sure
InkyGrip
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@aliyashah, tradingview.com/chart/3yHu9Rfi/?symbol=BINANCE:BTSUSDT
InkyGrip
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@aliyashah,
aliyashah
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@plancton0618...great thank u so much 🙏❤
Malik_Asad
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gala/usdt kindly do technical analysis
InkyGrip
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@asadmalikbwn, will do mate
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