Singkat
MATICUSDT had a breakout from the weekly support
The price is creating a descending channel on the daily timeframe after a false breakout on 2.6$ area. The price retested the previous support as new resistance and the market started with a descending channel.
The price got a bounce on the dynamic weely support and now it's testing the breakout of it.
On the 4h timeframe the price had a breakout of the weekly support and retested as new resistance.
How to approach?
We are monitoring the price action, we could see a retest of the weekly confluence where the price could get new liquidity for a new bearish impulse.
According to Plancton's strategy, we can set a nice order
The setup is invalidated if the price is going to have a breakout with a retest of the weekly structures around 1.6$
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Keep in mind.
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Follow the Shrimp 🦐
The price got a bounce on the dynamic weely support and now it's testing the breakout of it.
On the 4h timeframe the price had a breakout of the weekly support and retested as new resistance.
How to approach?
We are monitoring the price action, we could see a retest of the weekly confluence where the price could get new liquidity for a new bearish impulse.
According to Plancton's strategy, we can set a nice order
The setup is invalidated if the price is going to have a breakout with a retest of the weekly structures around 1.6$
–––––
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 🦐
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.