The price is creating a pennant above the daily support on 37$ area.
Now the price got a first rejection from the 4h resistance at 39$ where the price created a confluence in the past.
How to approach it?
IF the price is going to lose the support and retest as new resistance we could see a retest of the dynamic support, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Now the price got a first rejection from the 4h resistance at 39$ where the price created a confluence in the past.
How to approach it?
IF the price is going to lose the support and retest as new resistance we could see a retest of the dynamic support, so 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 🦐
