The price is testing the weekly support as new resistance after a clear breakout from the daily support. Not the market it trying to hold it
How to approach it?
We could see a new pullback to the supply zone, but IF the price is going to lose the support (22$ area) 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 🦐
How to approach it?
We could see a new pullback to the supply zone, but IF the price is going to lose the support (22$ area) 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.
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Follow the Shrimp 🦐
Note
The price is testing the key level. Don't miss itNote
a clear 7% so far
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.