The price is testing the support after an evident bearish impulse from the daily resistance on 22$ area.
The price is testing the lower trendline of ascending bearish channel.
How to approach it?
IF the price is going to have a breakout from the 4h resistance we could see a pullback on 0.5 Fibonacci level, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price is testing the lower trendline of ascending bearish channel.
How to approach it?
IF the price is going to have a breakout from the 4h resistance we could see a pullback on 0.5 Fibonacci level, so 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 🦐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.