InkyGrip

ADAUSDT is testing the resistance

Panjang
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BINANCE:ADAUSDT   Cardano / TetherUS
The price is testing the dynamic 4h support above the daily resistance at 0.48%.
The market is going to try to complete the W pattern below the daily resistance at 0.54$ where the price needs to grab more liquidity to create a new breakout from the historical resistance

how to approach it?
IF the price is going to have a breakout from the neckline and retest it as new support, According to Plancton's strategy, we can set a nice order
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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 🦐
Komen:
The price completed the W patter As I told you.
Penafian

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