InkyGrip

SLPUSDT is creating an inverse head and shoulders 🦐

Long
InkyGrip Updated   
BINANCE:SLPUSDT   SLP / TetherUS
SLPUSDT is creating an inverse head and shoulders on the weekly support.
The price had a breakout from the descending channel and retest the previous resistance as new support.
IF the price is going to have a breakout from the daily resistance, 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.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ Blue structure -> Daily structure.
  • 🟑 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.
Comment:
the price is creating a descending channel below the daily resistance πŸ‘€
Comment:
Still Wait for the breakout
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