NEARUSDT needs to get new liquidity for the reversal
Updated
The price lost the monthly support on 7.3$ and the daily support as well on 6.2$.
Now the price is going to create equal lows on the 4h timeframe on 5.6$ above the demand zone on 5.6$
How to approach it?
IF the price is going to have a breakdown from the 4h support and grab new liquidity, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Note
The price is following my drawing.
5.4$ is the demand zone
Let's see!
Note
The price is testing weekly support. We are waiting for the 4h flip on 5.4$ for a possible reversal tradeNote
The price needs to flip the 4h resistance on 5.4$.since my idea, we made more than 18% 😎
Note
the price needs to confirm the flip as I told you!
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