The price had a big impulse with a clear breakout from the 1.2$ area.
The price lost the dynamic support (daily) and now the market is going to retest the demand zone on 0.5$ area.
How to approach it?
IF the price is going to grab new liquidity and create a clear breakout from the dynamic 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 price lost the dynamic support (daily) and now the market is going to retest the demand zone on 0.5$ area.
How to approach it?
IF the price is going to grab new liquidity and create a clear breakout from the dynamic 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.
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Follow the Shrimp 🦐
Note
The price is following my arrow.
Now the price needs to create a clear breakout from the descending channel
Note
The price is following my arrow, we are waiting for the flipNote
MTB and CPS, more if the price is going to flip the 4h resistance
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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.