GMTUSDT wants the breakout!The price is testing the 0.5 Fibonacci level as new resistance below the 0.71$ area.
The price needs to create a breakout in order to flip the resistance into new support.
How to approach it?
IF the price is going to have a breakout and retest as new support, 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.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐