The price is creating an ascending channel inside a descending daily channel.
the market created a double top on the 1.58$ area
How to approach it?
IF the price is going to lose the support and retest it as new resistance
According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
the market created a double top on the 1.58$ area
How to approach it?
IF the price is going to lose the support and retest it as new resistance
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
The price is testing a key level right now.More if the price is going to have a breakout
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.