CROUSDT is testing the 4h support

7 Nis 2022

The price created a double top on the daily time frame on 0.5$
On the 4h timeframe the price is creating a M pattern and now the market is testing the 0.5 Fibonacci level on the 4h support.

How to approach?
IF the price is going to lose the support and retest it as new 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 🦐

9 Nis 2022

Not

The price is testing the 4h support and the dynamic support of the descending channel. Bear if the price is going to lose the support

11 Nis 2022

Not

So far so good 4%

11 Nis 2022

Not

6% so far.
If the price confirms the 4h breakout, the next valid support is 0.786 Fibonacci level

11 Nis 2022

Not

The price wants to retest the 0.786 Fibonacci level as I told you in the main analysis

12 Nis 2022

Not

As I told you, The price wanted the 0.786 Fibonacci Level

15 Nis 2022

Not

8% so far, more if the price is going to have a new breakout from the bear flag

16 Nis 2022

Not

8% so far, and the price could retest the Daily support after the breakout from the bear flag

16 Nis 2022

Not

2 May 2022

Not

33% 🤷🏻‍♂️