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InkyGrip
Mar 16, 2022 7:31 AM

THETAUSDT is testing the daily support Short

Theta Token / TetherUSBinance

Description

the price is testing the daily support on 3.6$ after a rejection from the daily resistance on 3.1$.
on the lower timeframe, the price is testing the previous channel support as new resistance.

How to approach?
IF the price is going to lose the current daily support and retest it as new resistance, 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.

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Follow the Shrimp 🦐
Comments
Investroy
Great work, 🦐 👍🏻
InkyGrip
@Investroy, thanks a lot my friend
ProjectSyndicate
similar outlook. thank you for the updates
InkyGrip
@ProjectSyndicate, cheers buddy
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