Theta Token / TetherUS
Long
Updated

THETAUSDT needs the breakout

624
The price is testing the daily support on 1.050$ and now the market is testing the 4h resistance on 0.382 Fibonacci level.

How to approach it?
If the price is going to have a breakout from the resistance and retest the 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
tradingview.com/x/WdDtPFBc/moving in the expected direction and testing a new resistance zone
Note
snapshot bullish continuation here
Note
snapshot retesting the support area
Note
snapshot the market retest the 0.618
Note
snapshot looking for a higher high

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.