ADAUSDT is testing a weekly resistance

Cập nhật
ảnh chụp nhanh
The price created a descending channel on the daily timeframe and had a breakout from it. The market had another important breakout from a key level (1$) after the price created an Adam and Eve pater below the monthly structure.

On the 4h timeframe the price is testing the weekly resistance on 1.2$

How to approach?
The price needs to create a new breakout from the weekly resistance and retest 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 🦐
Ghi chú
The price got a rejection by the weekly resistance so far.
We need to see a clear breakout for bullish continuation
ảnh chụp nhanh
breakoutbreakoutbreakoutbreakoutsignalbreakouttradingChart PatternsHarmonic Patternsresistance_levelresistancesTrend Analysis

Bài đăng liên quan

Thông báo miễn trừ trách nhiệm