The price had a breakout from the dynamic and static resistance as I told you in my previous analysis. Now the price is creating a rounded top after a rejection from the monthly resistance on 8.84$.
How to approach it?
IF the price is going to have a breakout from the current support and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
How to approach it?
IF the price is going to have a breakout from the current support and retest it as new resistance, 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.
Follow the Shrimp 🦐
Commentaire:
Inverse cup and handle. We could see a bearish impulse if the price is going to lose its support/neckline
