Short
XMRUSDT wants the neckline
The price is testing the supply zone on 178$ where the market created an important daily resistance on the 0.5 Fibonacci level.
On the 4h Timeframe the price created the W pattern and we can find the neckline on 150$.
How approach it?
If the price is going to lose the support on 160$, 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 🦐
On the 4h Timeframe the price created the W pattern and we can find the neckline on 150$.
How approach it?
If the price is going to lose the support on 160$, 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 supply zoneNote
The price is testing the supply zone right now 👀
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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.
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.