The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach? The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$. IF the price is going to satisfy our rules, 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 🦐
註釋
The price is testing the 4h resistance as excepted! Bull if the price is going to break it!
Don't miss it 😎
註釋
The price is trying to have a breakout!
註釋
So Far So good 8%
註釋
perfect breakout from the 4h resistance as I told you.
註釋
15% 🎯 Congrats Planctoners
註釋
The price is testing the 4h resistance after a perfect breakout as I told you. If the price is going to have another breakout, we could see a new bullish impulse!
15% so far, congrats Planctoners 😎
註釋
40% since my call
註釋
41% so far. The price could have a new breakout from the bull flag and a new bullish impulse!