FLMUSDT needs to recover the monthly

May 17, 2022

The price is creating a falling wedge on the daily timeframe after the breakdown from the monthly support on the 0.12$

On the 4h timeframe the price bounced on the dynamic support
How to approach it?
The price needs to create new bullish impulse with momentum and volumes. IF the price is going to recover the monthly support as new resistance 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 🦐

May 23, 2022

Note

The Accumulation Phase, Wait for the bullish impulse