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InkyGrip
Nov 29, 2021 8:57 AM

SHIBUSDT is creating a falling wedge 🦐 Long

SHIB / TetherUSBinance

Description

SHIBUSDT is creating a falling wedge. IF the price is going to have a breakout, According to Plancton's strategy(check our Academy), we can set a nice order
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.

Comment

The price had a breakout from the falling wedge as expected and now the price is testing the 4h resistance as new support 👀

Comment

Breakout and now the price is testing the previous resistance as support as expected
Comments
MMBTtrader
well done
agree
InkyGrip
@MMBTtrader, thanks so much 🦐
MonoCoinSignal
Awesome
InkyGrip
@Dr.Ross, you rock 🦐
InkyGrip
@Dr.Ross, appreciate it dude 🦐
Mihai_Iacob
well done!
InkyGrip
@OptimoomFX, 🦐🦐🦐
KlejdiCuni
Looks good!
InkyGrip
@KlejdiCuni, 🦐🚀🚀🦐
kriptolaneti
i think it will touch the upper bollinger band on the daily chart and then continue to go down. i expect the next monthly candle to be red.
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