The price is testing the 0.08$ area it's a key level for the market.
The price got rejections for that level.
Now the price needs to grab new liquidity and momentum in order to create a clear breakout form it and the market must to invalidate the rising wedge
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest it as new support, 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 🦐
The price got rejections for that level.
Now the price needs to grab new liquidity and momentum in order to create a clear breakout form it and the market must to invalidate the rising wedge
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest it as new support, 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 needs to confirm the flip!註釋
the price had a false breakout and now the market is trying to recover the ascending channel.let's see!
註釋
The price needs to create a clear breakout from here!註釋
As I said, put it on your watchlist, the price is testing the dynamic daily resistance. The price needs to gain new momentum in order to create a new breakout!
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