MATICUSDT wants the breakout

the price is inside a descending daily channel, and now the price is trying to have a breakout from it.
On the 4h timeframe the price is going to retest the 4h resistance at 0.84$ area

How to approach it?
IF the price is going to have a breakout and retest it as new support, 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.
  
• ⚫️ black structure -> <= 1h structure.
  

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Follow the Shrimp 🦐

Yorum:

MTB and CPS strategies. Congrats Students!