BTCUSDT on the 4h chart after the break of the daily channel perfectly retested the support area.
The market is now moving at the 23k above the structure.
How can i approach this scenario?
I will wait for a break of the minor resistance and in that case i will set a nice long order according to the Plancton's strategy.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
The market is now moving at the 23k above the structure.
How can i approach this scenario?
I will wait for a break of the minor resistance and in that case i will set a nice long order according to the Plancton's strategy.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Note
Note
The price is creating a descending channel above the 0.5 Fibonacci level and daily support. Note
I'm waiting for the last profit
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Related publications
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.