FLM / TetherUSUpdated FLMUSDt is testing the daily resistance
The price of the asset is currently testing the 0.1051 key level on the daily time frame.
The next supply area is located at 0.1277, where there may be resistance to further price increase.
Supply refers to the area on a chart where there may be increased selling pressure and resistance to price increases.
It is typically indicated by a buildup of sell orders or a lack of buying interest at a certain price level.
On the 4-hour time frame, the price may have a retracement to the 0.618 Fibonacci level, where new liquidity could be absorbed and a new breakout could occur. We are waiting for their strategies to be triggered in response to the potential retracement and breakout, so 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 🦐
The next supply area is located at 0.1277, where there may be resistance to further price increase.
Supply refers to the area on a chart where there may be increased selling pressure and resistance to price increases.
It is typically indicated by a buildup of sell orders or a lack of buying interest at a certain price level.
On the 4-hour time frame, the price may have a retracement to the 0.618 Fibonacci level, where new liquidity could be absorbed and a new breakout could occur. We are waiting for their strategies to be triggered in response to the potential retracement and breakout, so 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.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
Note
Everything was as Expected!Note
5% Note
34% 
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