plancton0618

LTCUSDT had a breakout from the rising wedge

Short
BINANCE:LTCUSDT   Litecoin / TetherUS
The price is testing the 4h support on 51$ after a breakout from the rising wedge and 4h resistance.
The price could have a pullback on 0.382 Fibonacci level in order to grab more liquidity for a new bearish impulse.

How to approach it?
IF the price is going to lose the support and retest it as new resistance, 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 is testing the support right now! Don't miss it!

🦐 FOLLOW THE SHRIMP🦐

🎯 Forex Telegram: https://www.plancton0618.com/telegram/forex

🚀 Crypto Telegram: https://www.plancton0618.com/telegram/crypto

📚 Plancton's Academy: https://t.me/plancton0618Admin

🎥 YouTube: https://www.youtube.com/
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.