The price had a breakout from the daily support around 0.2$ level and now the market wants to retest the previous support as new resistance on the 0.382 Fibonacci level.
How to approach?
We are monitoring the price action, if the price is going to have a rejection from the previous support and retest the current 4h support 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 🦐
How to approach?
We are monitoring the price action, if the price is going to have a rejection from the previous support and retest the current 4h support 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.
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Follow the Shrimp 🦐
Note
A clear 15% since my call. The price had a breakout from the support as expected and made more than 14%.
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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.