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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.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐
Note
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Clear breakout!
7% since my idea
Note
14% so far, wait for a clear breakout
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18% since my idea.
congrats Planctoners!
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a clear 26% since my idea 🦐
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