BAND / TetherUS
Alış
Güncellendi

BANDUSDT is creating a descending channel

333
BANDUSDT is creating a descending channel and now the price is testing the 4h resistance.
IF the price is going to have a breakout, According to Plancton's strategy(check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.

anlık görüntü
Not
anlık görüntü

The price is in the accumulation zone between daily structures and inside a descending channel on the Daily Timeframe.
The price tried a breakout but for a rejection from the 0.618 Fibonacci level.

How to approach?
IF the price is going to have a breakout of the daily resistance (around 5.9$) and retest the previous resistance as new support, we can look for apply our Rules for a new long position

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.