KSMUSDT needs to break the falling wedge
The price is testing the daily support on 60$ area inside a falling wedge on the 4h timeframe.
The price needs to create a breakout from the 63$ area and retest it as new support.
The market must to hold the dynamic daily support as well
How to approach?
IF the price is going to have a breakout from the falling wedge and retest the 4h resistance as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
The price needs to create a breakout from the 63$ area and retest it as new support.
The market must to hold the dynamic daily support as well
How to approach?
IF the price is going to have a breakout from the falling wedge and retest the 4h resistance as new 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 🦐
Note
The price needs to create a clear breakout from the 4h resistanceLet's see!
Note
The price needs to create a clear breakout from the falling wedge
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.