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InkyGrip
Feb 21, 2023 7:50 AM

LINKUSDT is testing the support right now Long

ChainLink / TetherUSBinance

Description

LINKUSDT is testing a key level at the $9.1 area, where the market has previously encountered resistance.

This level is important because it has acted as a significant point of resistance in the past, and traders will be closely watching the price action to see if the level is broken. If the price of LINKUSDT is able to break through this key level and establish new support, this could signal a potential bullish trend.

To apply Plancton's Rules in this scenario, traders should wait for the new liquidity and a new breakout to be confirmed before taking a long position. This means waiting for the price to break through the key resistance level and establish new support, which can provide more reliable signals for traders.
So, 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 🦐
Comments
PensieriParole
carefull guys i do love link but all market is about to dump very badly
InkyGrip
@PensieriParole, thanks for your feedback, We are waiting confirmations. you are right, BTC is testing the key level. Let's see!
PensieriParole
@plancton0618, thanks bro, i have tried to advice , the wrost is about to come the first 2 decade in march.
InkyGrip
@PensieriParole, thanks for sharing your vision with us mate
MyoKyawLwin
Looking good chart!
InkyGrip
@MyoKyawLwin, thanks for your comment! 🍿🦐
LegionQ8
Nice shot! Awesome link idea here!
InkyGrip
@LegionQ8, cool thanks
Lingrid
Fantastic!
InkyGrip
@Lingrid, thanks dear
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