plancton0618

NEARUSDt needs liquidity to reverse the trend

plancton0618 Premium Updated   
BINANCE:NEARUSDT   NEAR / TetherUS
The price is inside a falling wedge on the 4h timeframe and descending channel on the daily timeframe .
The price could have a false breakout in order to grab new liquidity and start with the reverse

How to approach it?
IF the price is going to have a breakout, 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.
  • ⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Comment: the price needs to create a clear breakout from here!
Comment: The price is testing the dynamic daily support.
The market needs to grab new liquidity and create a bullish impulse
Comment: The price is starting to move as I told you.
Wait for our Strategies!
Comment: The price is following my arrow. Wait for a clear breakout
Comment: The price needs to flip and retest the resistance!
Comment: The price didn't flip the resistance.
We are Waiting for it.

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.