HOTUSDT is testing the resistance
The price created a triple bottom on the weekly structure and now the price is trying to create a breakout from the daily resistance from 0.0024.
If you look on the left you can see that this level is very important for the market, the price got several rejections
How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, 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 🦐
If you look on the left you can see that this level is very important for the market, the price got several rejections
How to approach it?
IF the price is going to have a breakout and retest the 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 🦐
Note
17% Note
Clear breakout with volume and 17%Note
21% since my idea.
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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.
Disclaimer
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.