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XMRUSDT is creating an ascending channel

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syot kilat
XMRUSDT is creating a descending channel on the daily timeframe.
On the 4h timeframe the price is creating an ascending channel inside it.

The price is above the weekly support on 185$.
How to approach on it?
IF the price is going to lose the support, 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
the price bounced exactly on the daily support.
Bearish if the price is going to lose it
syot kilat
Nota
The setup is still valid.
The price needs to create a new breakout from the 4h support
syot kilat
Nota
The price created a double top on 208$ and now the market is testing important support on 180$.
waiting for the breakout
syot kilat
Nota
15% after a double top
syot kilat
Nota
Amazing trade here.MTB and 24% so far
syot kilat
Nota
the price had a breakout from the weekly and retested it.
syot kilat
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