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Cardano / TetherUS
Long
Updated

ADAUSDT is testing the weekly supply zone 🦐

668
ADAUSDT is testing the weekly supply zone after the price had a nice breakout from descending channel. IF the price will have a breakout from the weekly resistance ant turn into new support, According to Plancton's strategy(check our Academy), we can set a nice order
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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 -> <4h structure.
Note
The market is testing the supply zone as expected

snapshot
Note
Wait for the breakout from the supply zone
snapshot
Note
The price is testing the supply zone and the market created a triple top on 4h.
Wait for the next bullish impulse
snapshot
InkyGrip
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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.
breakoutbreakoutsignalbreakouttradingChart PatternsHarmonic PatternsTrend Analysis
InkyGrip

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.