Long
XMRUSDT is testing the resistance
The price is in the accumulation phase below the daily and weekly resistance on 226$
As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance.
on the 4h timeframe, the price is creating a channel between the 209 and 226$
How to approach?
The price needs to have a CLEAR breakout from the weekly resistance, 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 🦐
As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance.
on the 4h timeframe, the price is creating a channel between the 209 and 226$
How to approach?
The price needs to have a CLEAR breakout from the weekly resistance, 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
Clear breakout!
7% since my idea
Note
14% so far, wait for a clear breakoutNote
18% since my idea.congrats Planctoners!
Note
a clear 26% since my idea 🦐
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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.