BATUSDT is searching the new higher low
The price created a dynamic resistance on the daily timeframe and after a retest of the monthly support, the price had a breakout from the static daily resistance.
On the 4h Timeframe, the price is testing the 4h resistance on 0.75$ and got the first rejection. We could see a retest of the support on the 0.72$
how to approach?
If the price is going to confirm the breakout, we can add to our watchlist and wait for applying our rules for a new long position
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Follow the Shrimp 🦐
Keep in mind.
On the 4h Timeframe, the price is testing the 4h resistance on 0.75$ and got the first rejection. We could see a retest of the support on the 0.72$
how to approach?
If the price is going to confirm the breakout, we can add to our watchlist and wait for applying our rules 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.
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