the price is inside a pennant above the weekly support and below the 4h resistance
The price had several attempts to create a new breakout from 0.39$ area
How to approach?
IF the price is going to have a clear breakout with momentum and volume, and retest the previous resistance as new support, 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 had several attempts to create a new breakout from 0.39$ area
How to approach?
IF the price is going to have a clear breakout with momentum and volume, and retest the previous resistance as new support, 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 price is testing the key level, I want to see a clear breakout from it!Note
The price got a rejection from our structure, so our Strategy didn't trigger.Let's see how the price is going to close
Note
Still waiting for the breakout from the 0.39$ areaNote
The price needs to flip the 0.39$ area as soon as possible
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.
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.