The price had a breakout from the ascending channel after the market got a rejection from the 0.618 Fibonacci level on the daily timeframe.
Now the price is trying to create a new Lower high above the weekly support
How to approach?
We are monitoring the price and I'd like to see a clear breakout from the daily resistance at 20200$ area and retest as new support.
IF the price is going to flip it, 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 🦐
Now the price is trying to create a new Lower high above the weekly support
How to approach?
We are monitoring the price and I'd like to see a clear breakout from the daily resistance at 20200$ area and retest as new support.
IF the price is going to flip it, 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 🦐
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.
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.