ETHUSDT is trying to have a breakout!
Updated
the market had a breakout from the descending channel and now it's testing the static resistance on 2750. Like Bitcoin, Ethereum needs to create a new Higher Hig above 2800$ (better above 2900) with confirmations and volumes
On the 4h Timeframe the price is testing the daily resistance below the 4h supply zone on 2800-2900$
How to approach?
IF the price is going to have a breakout from 2900-2950 and retest the previous resistance as new support, 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 testing the daily resistance below the 4h supply zone on 2800-2900$
How to approach?
IF the price is going to have a breakout from 2900-2950 and retest the previous resistance as new support, 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
Nice volumes so far, I want to see a clear breakout from the resistances!Don't miss it
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