XLMUSDT is trying to have a new breakout
The price is creating a descending channel on the daily timeframe after a retest on the monthly support on 0.16$.
on the 4h timeframe the price grabs new liquidity from the 4h support and now it's trying again to have a new breakout from the daily resistance.
How to approach?
IF the price is going to have a breakout from the daily 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 🦐1
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