InkyGrip

HOTUSDT is creating a descending channel

InkyGrip Updated   
BINANCE:HOTUSDT   Holo / TetherUS
The price retested again the weekly support at 0.0018$
on the daily timeframe the price is creating a descending channel and now the market is testing its key levels at 0.0020 area

How to approach it?
IF the price is going to have a breakout, 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:
key level
Comment:
18%.
No captions needed
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