TradingView
InkyGrip
Jul 23, 2022 7:15 AM

KLAYUSDT is trying to hold the support Short

KLAY / TetherUSBinance

Description

The price tried to create a new breakout from the daily resistance at 0.26$ but the market got a rejection until the dynamic and static 4h support.
At the moment the price created a lower high and the market is trying to hold the support at 0.25$

How to approach it?
IF the price is going to have a breakout from the 4h support and retest it as new support, 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 🦐

Comment

The price lost support as I told you in my first analysis.
Comments
amer-q8
May u update this chart please 💐
More