InkyGrip

LTCUSDT needs to create a clear breakout

Long
BINANCE:LTCUSDT   Litecoin / TetherUS
The price is testing the key levels on the 56$ area. The market is testing the daily dynamic resistance the 4h resistance and the 0.618 Fibonacci level after the market created a double bottom above the weekly support

How to approach it?
IF and only IF the price is going to have a clear breakout from the resistances and retest as new supports, 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.
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Follow the Shrimp 🦐
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