1INCHUSDT is currently testing a support level after experiencing a false breakout around the $0.55 area. Traders should keep a close eye on the price and monitor whether it holds the support level.
If the support level fails to hold, according to Plancton's rules, traders may want to consider opening a new short position. This would allow traders to benefit from a potential drop in price if the support level breaks down.
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Follow the Shrimp 🦐
Keep in mind.
If the support level fails to hold, according to Plancton's rules, traders may want to consider opening a new short position. This would allow traders to benefit from a potential drop in price if the support level breaks down.
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Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.