The price is testing the dynamic resistance at 10$ area.
the price bounced exactly on the weekly support on 8$ and the market is creating an inverse head and shoulders below the daily resistance (neckline)
How to approach it?
IF the price is going to have a breakout from the resistance and retest 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 bounced exactly on the weekly support on 8$ and the market is creating an inverse head and shoulders below the daily resistance (neckline)
How to approach it?
IF the price is going to have a breakout from the resistance and retest 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 is creating a bull flag below the daily resistance.If the price is going to have a breakout from it, we could open a new long position according to Plancton's Strategies
Nota
7% since my idea and now we are waiting 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.
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.