The price is testing the weekly support at 8.7$ area where the market created the double bottom
How to approach it?
IF the price is going to create a new breakout, we could see a new lower low, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
How to approach it?
IF the price is going to create a new breakout, we could see a new lower low, so 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 🦐
Comment:
Bearish if the price is going to lose the daily and ascending channel
Comment:
The price is testing the support. Bearish if the price is going to have a clear breakout from it
