XRPUSDT needs to create a breakout soon!
Updated
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
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