The price had a nice breakout from the dynamic resistance with volumes and now it's testing the 4h static resistance. As you can see, this area is important for the market. How to approach it? IF the price is going to have another breakout we could see a retest of the daily resistance on 0.01, so 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 🦐
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Still valid
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The price created a spike until the resistance as I told you. Now the price needs liquidity and makes a clear breakout from it.