The price is forming a falling wedge on the daily support at 0.22$ area between the 4h structures.
How to approach it?
The price could get more liquidity from the 0.22-21 area and create a reversal trade.
so, IF AND ONLY IF, the price is going to have a breakout from the falling wedge and 4h resistance and retest as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
How to approach it?
The price could get more liquidity from the 0.22-21 area and create a reversal trade.
so, IF AND ONLY IF, the price is going to have a breakout from the falling wedge and 4h resistance and retest as new support, 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:
We are waiting for a clear breakout as I said in my idea!
Comment:
The price had a breakout from the falling wedge. We are waiting for the next bullish impulse and breakout