THETAUSDT is creating a Descending channel

The price is creating a descending channel below the 1.650$ where the market created a 4h resistance.
We made more than 19% since my previous idea, and the price needs to create a new breakout to continue its uptrend.

How to approach it?
IF the price is going to have a breakout and retest the 4h resistance 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.
  

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Follow the Shrimp 🦐

Yorum:

The price needs to create a clear breakout from here

Yorum:

The price is testing the 4h resistance after a clear bullish impulse where our students made more than 19%.
Wait for the breakout to continue the bull run