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InkyGrip
Sep 29, 2022 11:55 AM

SOLUSDT needs to create the breakout 

SOL / TetherUSBinance

Description

the price is testing the daynamic daily resistance and 4h static resistance inside an ascending channel.
The price needs to create a clear breakout from it and retest the supply zone as 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.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐

Comment

The price needs to create a clear breakout from here
Comments
TheNewsCrypto
Good
InkyGrip
@TheNewsCrypto, thanks so much my friend
Solldy
It's been a while since I looked at this asset, and the situation has changed dramatically. Thanks for the work, bro 👍
InkyGrip
@Solldy, happy to hear that
BlackBirdTrading
The chart is pretty self explaining. But here are some points

1. The SOL is still under great resistance which span to April 2022
2. Rings every time SOL crosses the ring it saw a crash ranges from 15-70%

InkyGrip
@BlackBirdTrading, thanks for sharing your vision
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