INJUSDT is testing the 6$, ready for the breakout?

The price is creating a falling wedge on the 4h timeframe inside a descending channel.
The market is testing the daily resistance on 6$, it's a key level
A falling wedge marks the corrective phase in this measured move-up formation. Note the receding volume trend of the wedge.

How to approach?
IF the price is going to have a breakout from the 6$, 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 🦐
Chart PatternsHarmonic PatternsTrend Analysiswedgebreakoutwedgeformationwedgepatternswedgepennet

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