ONEUSDT has recently tested the 0.618 Fibonacci level after a clear breakout from the 4-hour support level. This breakout is a bullish signal, suggesting that the market sentiment has shifted to a positive outlook.
However, it's important to note that the price needs to flip this resistance level into a new support level before traders can take long positions. This means that the price needs to show some stability and support at this level before traders can consider it a viable buying opportunity.
Following Plancton's rules is also essential before taking any trading action, so 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 🦐
However, it's important to note that the price needs to flip this resistance level into a new support level before traders can take long positions. This means that the price needs to show some stability and support at this level before traders can consider it a viable buying opportunity.
Following Plancton's rules is also essential before taking any trading action, so 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
nice bullflag 
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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.