InkyGrip

ETHUSDT is creating a rising wedge on the daily resistance

InkyGrip Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
the price is testing the daily resistance inside a rising wedge after a clear breakout from the daily support.
How to approach it?
IF the price is going to have a breakout and retest the 4h local support as new resistance, 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.
  • ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
Comment:
The price had a breakout from the rising wedge on the daily resistance.
More if the price is going to confirm the flip
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