IOTXUSDT is testing the 4h resistance

The price wants to retest the monthly resistance on 0.85$ after the retests on o.07 Daily support.

on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83

How to approach?
The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, 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 🦐

Yorum:

the price is testing an important structure right now

Yorum:

I'm waiting for the breakout