RADUSDT is testing the 4-hour resistance level, indicating a critical point in the market.
According to Plancton's Rules, a breakout long trade opportunity arises when the price successfully breaks above the 4-hour resistance level. A breakout occurs when the price moves beyond a significant price level, suggesting a potential continuation of an upward trend or the start of a new bullish phase.
To execute a breakout long trade with Plancton's Rules, traders would enter a long position (buy order) if the price convincingly breaches and closes above the 4-hour resistance level. By doing so, traders aim to capitalize on the potential upward momentum and price appreciation that may follow the breakout.
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Follow the Shrimp 🦐
Keep in mind.
According to Plancton's Rules, a breakout long trade opportunity arises when the price successfully breaks above the 4-hour resistance level. A breakout occurs when the price moves beyond a significant price level, suggesting a potential continuation of an upward trend or the start of a new bullish phase.
To execute a breakout long trade with Plancton's Rules, traders would enter a long position (buy order) if the price convincingly breaches and closes above the 4-hour resistance level. By doing so, traders aim to capitalize on the potential upward momentum and price appreciation that may follow the breakout.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
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.