The price is testing the weekly support on 0.15 on the daily timeframe.
On 4h timeframe, the price is creating an ascending channel and had a breakout from the 4h resistance now new support above the weekly support (0.14$).
How to approach?
For a bullish scenario, the price needs to create a new breakout from the ascending channel and 4h resistance above 0.15$ with confirmations. According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
On 4h timeframe, the price is creating an ascending channel and had a breakout from the 4h resistance now new support above the weekly support (0.14$).
How to approach?
For a bullish scenario, the price needs to create a new breakout from the ascending channel and 4h resistance above 0.15$ with confirmations. 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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