AXSUSDT
The price bounced on the 0.786 Fibonacci level after an amazing bullrun. As you can see on the daily timeframe (the upper one) 50$ is a Key level. On 4h Timeframe, the price is creating a descending channel, it tried to have a breakout from the static 4h resistance but got a rejection so far
How to Approach?
IF the price is going to have a breakout of the 4h resistance (67$) 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.
Follow the Shrimp 🦐
