InkyGrip

HBARUSDT wants the Weekly support?

InkyGrip Updated   
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
The price is creating a triangle below the dynamic daily support at 0.046$ area.
The price could retest the 0.618 Fibonacci level in order to grab new liquidity and create a new bearish impulse untile the 0.04$ area on the weekly support.

How to approach it?
IF the price is going to grab new liquidity and create a new bearish breakout, 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.
  • ⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Comment:
The price is testing the key level. Let's see if the price is going to grab the liquidity first
Comment:
The price is following my arrow so far, let's see if the market is going to lose the support and satisfy all rules
Comment:
the price followed my arrow!
MTB and CPS strategy worked well!
11%
Comment:
the price followed my arrow!
MTB and CPS strategy worked well!
11%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.