FXSUSDT is wants the breakout?
Updated
FXSUSDT has been forming a pattern of higher highs and higher lows, which is a bullish trend indicating a potential uptrend in the price.
This pattern is characterized by the price forming higher highs and higher lows with each subsequent price swing, indicating that buyers are willing to pay higher prices for FXSUSDT. This trend can be seen on multiple timeframes, indicating a strong bullish momentum in the market.
According to trading rules, a breakout above a significant resistance level is a strong indication of a potential long position. In the case of FXSUSDT, a breakout above the $ 10 level could signal a potential long position. If the price manages to break above this resistance level, it could indicate a significant bullish momentum and signal a potential long position. Based on these rules, traders may consider opening a new long position in FXSUSDT until the price reaches $12.
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Follow the Shrimp 🦐
Keep in mind.
This pattern is characterized by the price forming higher highs and higher lows with each subsequent price swing, indicating that buyers are willing to pay higher prices for FXSUSDT. This trend can be seen on multiple timeframes, indicating a strong bullish momentum in the market.
According to trading rules, a breakout above a significant resistance level is a strong indication of a potential long position. In the case of FXSUSDT, a breakout above the $ 10 level could signal a potential long position. If the price manages to break above this resistance level, it could indicate a significant bullish momentum and signal a potential long position. Based on these rules, traders may consider opening a new long position in FXSUSDT until the price reaches $12.
–––––
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.
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