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FTMUSDT is testing the 4h support

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BINANCE:FTMUSDT   Fantom / TetherUS
The price is testing the 4h support after a breakout from the dynamic daily support.
As you can see on the left the price tested several times that level

How to approach it?
IF the price is going to lose the support and retest it as new resistance, 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 is testing the static resistance after a breakout from the dynamic.
If the price is going to confirm the bearish movement the next target could be 0.2
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.