The price created a double top on 45% area where the price had a clear breakout until the previous 4h support on 34$ area. The market has the 0.618 Fiboanacci level on that level and local Demand Zone as well.
How to approach it?
IF the price is going to lose the current support (the M's neckline) and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
How to approach it?
IF the price is going to lose the current support (the M's neckline) and retest it as new resistance, 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 🦐
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