BANDUSDT is currently trading at the daily resistance level, which is located at the 0.382 Fibonacci level. The price has been trading within an ascending channel, which is a bullish pattern characterized by higher highs and higher lows. An ascending channel suggests that the price is trending upwards and that there is a strong bullish sentiment in the market.
ONLY If the price breaks through the daily resistance level, it could indicate a potential continuation of this bullish trend.
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.
⚫️ black structure -> <= 1h structure.
––––– Follow the Shrimp 🦐
Note
Still testing the resistance
Note
Don't be in hurry, the resistance is a key level here. MTB strategy is mandatory!
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