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InkyGrip
May 9, 2022 6:32 AM

MTLUSDT Wants the demand zone Short

Metal / TetherUSBinance

Description

The price is creating a falling wedge on 4h timeframe and now the market is testing the support. We could see a new bearish impulse until 1.5.

How to approach it?
IF the price is going to lose the support, 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 🦐

Comment

25% since my idea
Comments
UnknownUnicorn15614419
Good job
InkyGrip
@TradingStat, thanks so much
Investroy
Good job
InkyGrip
@Investroy, thanks bro
Solldy
Correctly noted arguments, some I had not even noticed before. The idea turned out to be informative and useful for further trading. Thanks, buddy!
InkyGrip
@Solldy, thats perfect
Babenski
I think you right
InkyGrip
@Babenski, great thanks
arun0344
Perfect analysis.... Thankyou
InkyGrip
@arun0344, appreciate your positive feedback
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