Long
VLXUSDT is testing the 0.618 Fibonacci level
After the previous call, the price made more than 14%.
The price is testing the daily resistance at 0.24$.
on the 4h timeframe, the price is testing the 0.618 Fibonacci level as new support.
How to approach?
IF the price is going to have a breakout from the daily resistance, we could see another bullish impulse until the next resistance on 0.26$ According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price is testing the daily resistance at 0.24$.
on the 4h timeframe, the price is testing the 0.618 Fibonacci level as new support.
How to approach?
IF the price is going to have a breakout from the daily resistance, we could see another bullish impulse until the next resistance on 0.26$ 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 market is creating another bottom.Waiting for the breakout
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Publications connexes
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.