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WAVESUSDT is trying to have a breakout

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syot kilat
The price is testing the monthly support after a huge red candle and now the market is in consolidation phase between the monthly and weekly structures

on the daily timeframe the price is creating a pennant and the market is trying to have a breakout from it

How to approach?
IF the price is going to have a breakout from the daily and weekly resistance, According to Plancton's strategy, we can set a nice order
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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
Wait for the clear breakout from the pennant
syot kilat
Nota
no rush, the price needs to create a breakout here
syot kilat
Nota
Wait for the clear breakout from the daily resistance.
Nice volume right now
syot kilat

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.