GRTUSDT is testing the daily resistance inside a weekly range. the price is creating a descending channel. We need to wait for the next move.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
βββββ
Follow the Shrimp π¦
Keep in mind.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
βββββ
Follow the Shrimp π¦
Keep in mind.
- π£ Purple structure -> Monthly structure.
- π΄ Red structure -> Weekly structure.
- π΅ Blue structure -> Daily structure.
- π‘ Yellow structure -> 4h structure.
- β«οΈ Black structure -> <4h structure.