The price is testing the daily support on 9$ area where the price had a previous breakout and retest.
The market got a clear rejection from the 10$ area where we can find dynamic and static resistance.
How to approach it?
IF the price is going to have a breakout from the daily support and retest 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 🦐
The market got a clear rejection from the 10$ area where we can find dynamic and static resistance.
How to approach it?
IF the price is going to have a breakout from the daily support and retest 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
The price needs to hold the support or we could see a bearish impulse until the weekly areaNote
5% as I said!Note
More if the price is going to lose the weekly supportNote
the price followed my arrow.7% so far
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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.