The price is testing the 4h support on 51$ after a breakout from the rising wedge and 4h resistance. The price could have a pullback on 0.382 Fibonacci level in order to grab more liquidity for a new bearish impulse.
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 ––––– Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
––––– Follow the Shrimp 🦐
Komen
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The price is testing the support right now! Don't miss it!