Ethereum / TetherUS
Long
Updated

ETHUSDT wants to retest the upper resistance?

849
The price had a breakout from the 4h resistance at 1180$ and the market could retest it as new support in order to get more liquidity and retest the upper resistance on 1250$ area.

How to approach it?
If the price confirms the flip, 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.

–––––
Follow the Shrimp 🦐
Note
snapshot a 25% since the original idea
Note
snapshot 33% no leverage
Note
snapshot testing the recent highs
Note
snapshot a perfect test of the 0.382

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.