SXPUSDT needs to create a new breakout from 0.618 Fibonacci leve
The price had a bounce exactly on our daily support at 0.324$ where the price created a double bottom as well.
After that, the price created a series of higher highs and higher lows, and now the market is testing a daily resistance at 0.5$ on the 0.618 Fibonacci level, it's a key level for the market.
How to approach it?
IF and only IF the price is going to have a breakout from that area and retest the current resistance 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 🦐
After that, the price created a series of higher highs and higher lows, and now the market is testing a daily resistance at 0.5$ on the 0.618 Fibonacci level, it's a key level for the market.
How to approach it?
IF and only IF the price is going to have a breakout from that area and retest the current resistance 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.
–––––
Follow the Shrimp 🦐
Nota
Wait for the clear breakout from the resistance
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.