ETHUSDT needs to create a breakout
As I said in my previous analysis the price is testing an important resistance on 1700$ on the weekly resistance and 4h confluence.
How to approach it?
IF the price is going to have a breakout from the resistances and from the 0.5 Fibonacci level, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
How to approach it?
IF the price is going to have a breakout from the resistances and from the 0.5 Fibonacci level, 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 🦐
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.