The price retested the key level on the 0.35$ and create a double bottom on the 4h timeframe (lower chart)
Now the price is creating the higher lows and it's testing the 4h resistance.
How to approach?
If the price is going to have a breakout from the 4h resistance and daily resistance, we could see a bullish impulse until the 0.5 Fibonacci level (0.65$)
According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
Now the price is creating the higher lows and it's testing the 4h resistance.
How to approach?
If the price is going to have a breakout from the 4h resistance and daily resistance, we could see a bullish impulse until the 0.5 Fibonacci level (0.65$)
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Nota
The price is testing the 4h resistance.We are waiting for the breakout from that area to apply our rules for a new long position
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.