The price is creating an ascending channel after a clear rejection from 0.31$ weekly ressirance
On the 4h timeframe the price is testing the monthly support on 0.25$ support level
How to approach?
IF the price is going to lose the 4h support and retest as new resistance 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 monthly support on 0.25$ support level
How to approach?
IF the price is going to lose the 4h support and retest as new resistance 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
5% after my idea.
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Related publications
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.