Short

XMRUSDT wants the neckline

Updated
The price is testing the supply zone on 178$ where the market created an important daily resistance on the 0.5 Fibonacci level.

On the 4h Timeframe the price created the W pattern and we can find the neckline on 150$.

How approach it?
If the price is going to lose the support on 160$, 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 🦐
Comment
The price is testing the supply zone
snapshot
Comment
The price is testing the supply zone right now 👀
snapshot
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