The price bounced from 1000$ after UST disaster. Maker Dao bounds with DAI stable coin.
the price got a rejection from 1700$ where the market created the daily resistance and supply zone. The price got the new liquidity to create a new bearish impulse
How to approach?
ID the price is coming to lose the support on 1440$ and retest 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 🦐
the price got a rejection from 1700$ where the market created the daily resistance and supply zone. The price got the new liquidity to create a new bearish impulse
How to approach?
ID the price is coming to lose the support on 1440$ and retest as new resistance, 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 🦐
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