The price had a nice reaction from the descending trendline and channel and now the market is testing the neckline of the M pattern on the previous 4h support now resistance.
The market needs to have a breakout from the 3200$ to change its trend.
How to approach?
IF the price is going to have a breakout from the daily support, we could see a new bearish impulse until 270 Weekly support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The market needs to have a breakout from the 3200$ to change its trend.
How to approach?
IF the price is going to have a breakout from the daily support, we could see a new bearish impulse until 270 Weekly 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.
Follow the Shrimp 🦐
