MANAUSDT is testing creating a bearflag

5 May 2022

The price is testing the monthly support after a bounce on the monthly support on 1.45$
on the daily timeframe the price lost the support and now the market wants to retest it.
on the 4h timeframe the price is creating a bearflag below the weekly resistance.

how to approach it?
IF the price is going to have a breakdown from the bearflag, 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 🦐

5 May 2022

Not

the price is following my drawing.
More down if the price is going to lose the monthly support

6 May 2022

Not

The price is following my arrow, and we are locking a nice profit.
More if the price is going to lose the support, as you can see the price created the equal lows.

8 May 2022

Not

clear 19% so far

10 May 2022

Not

36% BOOM

11 May 2022

Not

53% 👀