Long
EOSUSDT time for the reversal?
The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, 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 🦐
Note
The price is testing the 4h resistance as excepted!Bull if the price is going to break it!
Don't miss it 😎
Note
The price is trying to have a breakout!Note
So Far So good8%
Note
perfect breakout from the 4h resistance as I told you.
Note
15% 🎯Congrats Planctoners
Note
The price is testing the 4h resistance after a perfect breakout as I told you.If the price is going to have another breakout, we could see a new bullish impulse!
15% so far, congrats Planctoners 😎
Note
40% since my callNote
41% so far.The price could have a new breakout from the bull flag and a new bullish impulse!
let's see!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.