The price had a rejection from the dynamic and static resistance on the 4h timeframe and now the market is testing the daily support above the 4h support on 0.36$
The price created a double bottom above 0.003$ area where the market created a demand zone.
How to approach?
IF the price is going to lose the support and retest the support as resistance, we could see a new bearish impulse until the demand zone for the new liquidity, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price created a double bottom above 0.003$ area where the market created a demand zone.
How to approach?
IF the price is going to lose the support and retest the support as resistance, we could see a new bearish impulse until the demand zone for the new liquidity, so 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 🦐
Commentaire:
The price is testing the 4h support as expected. more down if the price is going to lose the support.
Commentaire:
Breakout and retest.
Apply our rules and get a clear 8%
Apply our rules and get a clear 8%