The price is testing the 0.08$ area it's a key level for the market.
The price got rejections for that level.
Now the price needs to grab new liquidity and momentum in order to create a clear breakout form it and the market must to invalidate the rising wedge
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest it as new support, 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 🦐
The price got rejections for that level.
Now the price needs to grab new liquidity and momentum in order to create a clear breakout form it and the market must to invalidate the rising wedge
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest it as new support, 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 needs to confirm the flip!Nota
the price had a false breakout and now the market is trying to recover the ascending channel.let's see!
Nota
The price needs to create a clear breakout from here!Nota
As I said, put it on your watchlist, the price is testing the dynamic daily resistance. The price needs to gain new momentum in order to create a new 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.
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.