Panjang
FTMUSDT is creating a descending channel
The market created a double top at 3.40$ and after that, the price got a bearish impulse. During these days the bad news not help this token, A big Developer left the team.
On the daily timeframe, the price is creating a descending channel and lost the key level on 1.3$.
On the 4h timeframe the price is creating a minor descending channel and now the price is testing the previous resistance as new support on 0.5 Fibonacci level.
How to approach?
the price needs to have a breakout from the descending channel with volume and confirm the breakout above the daily resistance and 4h timeframe on 1.37$.
IF the price is going to satisfy our rules, 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 🦐
On the daily timeframe, the price is creating a descending channel and lost the key level on 1.3$.
On the 4h timeframe the price is creating a minor descending channel and now the price is testing the previous resistance as new support on 0.5 Fibonacci level.
How to approach?
the price needs to have a breakout from the descending channel with volume and confirm the breakout above the daily resistance and 4h timeframe on 1.37$.
IF the price is going to satisfy our rules, 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.
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Follow the Shrimp 🦐
Nota
The price is following my drawingNota
The price is following my drawing. Now the market needs to flip it as I told you 😎Nota
Wait for the breakout
Nota
The price is testing the daily resistance below the 4h structure as I told you.We are waiting for the breakout
The price is following my drawing
Nota
so far so goooodNota
So Far so good! another 6% since my call.Nota
so far 9% 😎
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.