the price had a false breakout from the descending channel where the market got the new liquidity in order to create a bearish impulse until the current daily support.
Now the price is testing the previous weekly support as new resistance
How to approach it?
IF the price is going to lose the daily support at 35$ area and retest it as new resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
Now the price is testing the previous weekly support as new resistance
How to approach it?
IF the price is going to lose the daily support at 35$ area and retest it as new 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 🦐
