GRTUSDT is testing the daily resistance inside a weekly range. the price is creating a descending channel. We need to wait for the next move.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
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Follow the Shrimp 🦐
Keep in mind.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <4h structure.
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