The price retraced more than 80% since his double top.
On the daily timeframe, the market created a double top and now is creating a descending channel.
We are monitoring the price for a breakout of 0.0000880.
How to approach?
IF the price is going to have a breakout from the descending channel with Volume, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
On the daily timeframe, the market created a double top and now is creating a descending channel.
We are monitoring the price for a breakout of 0.0000880.
How to approach?
IF the price is going to have a breakout from the descending channel with Volume, 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 🦐