As I told you on my previous Idea, the price got a new bearish impulse until the 1.27 Fibonacci EXT where the price has the monthly support.
The price is trying to have a bounce and breakout from the 4h static resistance and dynamic resistance.
How to approach?
For a pullback scenario the price need to have a breakout from the 2.4$ area and retest the previous resistance as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
The price is trying to have a bounce and breakout from the 4h static resistance and dynamic resistance.
How to approach?
For a pullback scenario the price need to have a breakout from the 2.4$ area and retest the previous resistance as new support, 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
the price is testing the 4h resistance right now.Wait for the breakout and our strategies
Dont' miss it
Note
8% so far so good
Related publications
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.
Related publications
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.