InkyGrip

ROSEUSDT is going to create a falling wedge

Long
InkyGrip Updated   
BINANCE:ROSEUSDT   ROSE / TetherUS

The price had a huge bearish impulse, bounced on the weekly support on 0.3$ and had a new breakout.

The price retested the previous support as new resistance and the market went to test again the previous weekly support on 0.2$.

Connecting the lows and the highs, the price is creating a falling wedge exactly on the weekly support.

How to approach?
We are monitoring the price, we could see a double bottom on the weekly support. IF the price is going to have a breakout from the falling wedge and 4h resistance, and turn the previous resistance into new 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:
The price is testing the 4h resistance inside the falling wedge. Wait for the breakout and retest

Comment:
A perfect breakout from the falling wedge.
a Clear 9% since my FREE call.

Congrats.
Comment:
so far so good, 19% since my free call
Comment:
a Perfect breakout from the 4h resistance and our student locked 19% so far!
All our signals and analysis are based on our Academy.
The next resistance is 0.28$

Congrats Planctoners! 🔥
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