the price bounced on 0.618 Fibonacci level and now the price is testing the 4h resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
Hello Guys 😉
I think There is 2 scenario for ` Near ` in Few Days ..
✅ the first one is Breaking out the triangle and Pullback to its Top and Rising to the TP .
✅ the second one is Reacting to Dynamic Resistance and Go Downward . BINANCE:NEARUSDT
NEAR is heading to 4$ zone, this zone is very strong so I think it will take NEAR a long time to breakout.
There are 2 cases may happen :
- Conquer 4$ zone successfully in this wave, NEAR will move up to 6$ zone
- Sideways between 3.4-4$ in a long time, NEAR will move up to 7$ if breakout 4$ zone
-Buy: 3.25-3.4$. SL if B
-Sell: 4.0-4.2$. SL if...
a simple price action analysis and a Fibonacci projection is very enough to speculate the upcoming event on this chart
to me 1 TP is very easy to be achieved and rest are on the line
what do you think?
Good Morning to All Respected Investors and Traders,
I made a simple analysis about NEAR/USDT
I reckon you guys to entry the market at my sign!!
Also TP at "Potential Target" 1 and 2
Happy trading y'all !!
Critiques and Comments are really appreciated
PS: This not Financial Advisory or even education. PLEASE DYOR !!!!