The price is creating a descending channel and the price is testing the 17.7$ area after a bounce from the daily support on 14.22$
The price is testing the 4h resistance on 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakout and retest the 4h resistance as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price is testing the 4h resistance on 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakout and retest the 4h resistance as new support, 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 🦐
Comment:
The price followed my arrow! 18% so far
