SCUSDT needs to create a new Higher high
Updated
The price bounced exactly on 1.618 Fibonacci Extension and now the market is testing the 4h resistance on 0.382 Fibonacci level.
The price needs to create a new bullish impulse on 0.006$ and create a new Higher High.
How to approach?
If the price is going to have a breakout from it, 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 price needs to create a new bullish impulse on 0.006$ and create a new Higher High.
How to approach?
If the price is going to have a breakout from it, 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.
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Follow the Shrimp 🦐
Note
The analysis is still valid, the price needs to create a new Higher high a satisfy our Plancton's rules.Let's see!
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