The price is creating a bull flag after a breakout from the daily resistance as I told you on the previous analysis. On 4h timeframe, the price is testing the 0.618 Fibonacci level on the daily support.. How to approach?
The price needs to have a new breakout from the bullflag with volume. Be careful to the 0.43$ resistance, it's a monthly resistance. 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 🦐
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We are waiting for the clear breakout from the monthly resistance!