ALPHAUSDT is going to retest the supply zone
The price is creating a descending channel on the 4h timeframe and now the market is starting with a bear flag.
the market has a supply zone of 0.3$ where you can find the monthly resistance as well.
How to approach?
The price is going to reach the supply zone, after that, if the market is going to satisfy our rules we can look for a new short position
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
the market has a supply zone of 0.3$ where you can find the monthly resistance as well.
How to approach?
The price is going to reach the supply zone, after that, if the market is going to satisfy our rules we can look for a new short position
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Comentarios:
The price followed my drawing after the market satisfied MTB strategies.
Nice Job Planctoners!
Nice Job Planctoners!
The price followed my arrow.