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WAVESUSDT is trying to have a breakout

Panjang
Waves / TetherUS (BINANCE:WAVESUSDT)  
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BINANCE:WAVESUSDT   Waves / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
snapshot
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 🦐
Komen:
Wait for the clear breakout from the pennant
snapshot
Komen:
no rush, the price needs to create a breakout here
snapshot
Komen:
Wait for the clear breakout from the daily resistance.
Nice volume right now
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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.