Algorand / TetherUS
Updated

ALGOUSDT is testing the range

1 309
The price is testing the resistance inside the range after a new lower low
How to approach it?
IF the price is going to have a breakout, 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.
  • ⚫️ black structure -> <= 1h structure.

–––––
Follow the Shrimp 🦐
Note
consolidation before the pump?
snapshot
Note
The price is ranging above the weekly support.
Wait for the breakout
snapshot
Note
If the price gets the liquidity and creates a breakout we could add in our watchlist
snapshot

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.