The price created a double bottom on the monthly support on 16.8$ as you can see from the upper chart. The price is testing the daily resistance right now on the 18.42$, it's a key level, where the price got rejections and got bounced in the past.
On the 4h timeframe, the price has resistance on 19$
How to approach it?
The price needs to have a breakout from the dynamic daily resistance and 4h resistance, and confirm it, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
On the 4h timeframe, the price has resistance on 19$
How to approach it?
The price needs to have a breakout from the dynamic daily resistance and 4h resistance, and confirm it, 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 🦐
