IOTXUSDT needs to create a new breakout
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The price bounced from the demand zone on 0.022$ on 4h Timeframe and retested the 0.786 Fibonacci level.
The price is testing the previous support as new resistance above the demand zone.
How to approach?
IF the price is going to grab new liquidity and create new breakout from the 4h resistance, 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 🦐
The price is testing the previous support as new resistance above the demand zone.
How to approach?
IF the price is going to grab new liquidity and create new breakout from the 4h resistance, 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 must to have a breakout from the current resistance to inverse the bearish biasGhi chú
Perfect breakout and MTB strategy here. Clear 8% so far
Ghi chú
11% since my idea 🦐Ghi chú
21%
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