ATOMUSDT is retesting the breakout!

26 feb 2022

The price tested the daily support on 24$ with a false breakout. On the daily timeframe we can see a pin candle on the 0.886 Fibonacci level, it's a key level.

On he 4h timeframe, the lower one, the price is trying to have a breakout from the daily descending channel and now the price is retesting the previous 4h resistance as new support ton 28$

How to approach?
The price must confirm the breakout, we could see a retest of the dynamic support.
If the price is going to confirm and satisfy our rules, we can open a new song position according to our rules. The next valid resistance is 40$
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

26 feb 2022

Nota

11% so far so good

1 mar 2022

Nota

The price is following my drawing.
clear 25% since my idea according to my rules.

2 mar 2022

Nota

The price followed my drawing and the price hit on the monthly structures exactly on the 0.5 Fibonacci level.

3 mar 2022

Nota

The rice is pushing until the monthly resistance!

Amazing profit so far, more than 25% without any leverage!
We could see another bullish impulse until the 0.618 Fibonacci level.

Congrats to our Students for this profit! 🎯