APTUSDT is testing the dynamic resistance
After an amazing bull run, the current price of APTUSDT is testing a static daily support level, which is a price level that has historically acted as a strong support for the asset's price. Additionally, the price has bounced on the 0.786 Fibonacci level and is now testing a daily resistance level, which is a price level that has historically acted as a strong resistance for the asset's price.
If the price of APTUSDT is able to break out from the $15 area and satisfy Plancton's rules, it may be a signal for a new long position.
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Follow the Shrimp 🦐
Keep in mind.
If the price of APTUSDT is able to break out from the $15 area and satisfy Plancton's rules, it may be a signal for a new long position.
–––––
Follow the Shrimp 🦐
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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