Short
REEFUSDT wants the Demand Zone?
The price had a rejection from the dynamic and static resistance on the 4h timeframe and now the market is testing the daily support above the 4h support on 0.36$
The price created a double bottom above 0.003$ area where the market created a demand zone.
How to approach?
IF the price is going to lose the support and retest the support as resistance, we could see a new bearish impulse until the demand zone for the new liquidity, 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 🦐
The price created a double bottom above 0.003$ area where the market created a demand zone.
How to approach?
IF the price is going to lose the support and retest the support as resistance, we could see a new bearish impulse until the demand zone for the new liquidity, 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.
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Follow the Shrimp 🦐
Note
The price is testing the 4h support as expected. more down if the price is going to lose the support.Note
Breakout and retest.Apply our rules and get a clear 8%
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.