GMT / TetherUSUpdated GMTUSDT is testing the key level!
GMTUSDT is currently testing resistance after a clear breakout from the 4-hour resistance level. The price action suggests that the pair may need to create another breakout from the 0.4 area, where the market has a key level, in order to potentially trigger a new long opportunity for traders.
According to Plancton's Rules, if the price of GMTUSDT does manage to break out from the 0.4 area and continue its upward trend, this could indicate a potential new long opportunity for traders.
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Follow the Shrimp 🦐
Keep in mind.
According to Plancton's Rules, if the price of GMTUSDT does manage to break out from the 0.4 area and continue its upward trend, this could indicate a potential new long opportunity for traders.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Note
Waiting for the next breakout
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