1INCHUSDT wants to retest the Monthly support?
The price got rejections from the daily resistance on 1.5$ and now is testing the 4h support on 1.41 support after the first bounce.
As you can see on the upper chart the price has nice support on 1.41$
How to approach?
The market is creating a descending channel on the 4h timeframe. IF the price is going to lose the support, we could see a new bearish impulse until the demand zone on the monthly 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 🦐
As you can see on the upper chart the price has nice support on 1.41$
How to approach?
The market is creating a descending channel on the 4h timeframe. IF the price is going to lose the support, we could see a new bearish impulse until the demand zone on the monthly 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
11% since my idea 😎
Note
12% since my ideaNote
Bang Bang Bang! 25% 😎
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.