The price got a rejection from the 4h resistance at 0.44$, the the price had the dynamic daily resistance as well.
Now the price is testing the previous resistance as new support above the 0.786 Fibonacci level.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a bearish impulse until 0.886 Fibonacci level, so 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 🦐
Now the price is testing the previous resistance as new support above the 0.786 Fibonacci level.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a bearish impulse until 0.886 Fibonacci level, so 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
Waiting for the breakoutNota
Still valid, wait for the breakoutNota
Wait 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.