BEL / TetherUSMis à jour BELUSDT is creating the pennant
BELUSDT is currently trading at a crucial point, with the price testing the key level of 0.63$ on the daily chart .
The formation of a pennant below the daily resistance suggests a consolidation in price action.
The key level, pennant , and ascending channel all play a crucial role in determining the future direction of the price.
According to Plancton's Rules, a successful breakout from these technical levels could signal a potential long position opportunity.
Stay tuned for further updates on BELUSDT.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
The formation of a pennant below the daily resistance suggests a consolidation in price action.
The key level, pennant , and ascending channel all play a crucial role in determining the future direction of the price.
According to Plancton's Rules, a successful breakout from these technical levels could signal a potential long position opportunity.
Stay tuned for further updates on BELUSDT.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Note
Still testing the resistanceNote
The price is testing the key level!
Note
32% Note
155% 
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