InkyGrip

ENSUSDT is in consolidation phase

Panjang
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BINANCE:ENSUSDT   ENS / TetherUS
The market created a double bottom on the 12.30$ on the daily timeframe.
After each breakout, the price retested the previous resistance as new support.
on the 4h timeframe, the price is in the consolidation phase below the 20.5$

How to approach?
IF the price is going to have a clear breakout from 21$ and retest 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 needs to have a breakout from 21$ for the bullish continuation.
Komen:
the price is in the consolidation phase below the 4h resistance.
Wait for the breakout!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.