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SUSHI / TetherUS
Short
Updated

SUSHIUSDT is creating the head and shoulders

841
The price is creating the head and shoulders on 4h timeframe after a pullback until 0.5 Fibonacci level on the daily timeframe
How to approach it?
IF the price is going to lose the neckline and restest it as new resistance, According to Plancton's strategy, we can set a nice order
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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 neckline, more down if the market is going to lose it
snapshot
Note
the market is testing the neckline.
Waiting for the breakout
snapshot
Note
13% snapshot
Note
a perfect head and shoulders
snapshot
Note
a perfect head and shoulders.
congrats Planctoners! 18% so far
InkyGrip
Chart PatternsHarmonic PatternsTrend Analysis

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.
Chart PatternsHarmonic PatternsTrend Analysis
InkyGrip

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.