LTCUSDT is creating equal lows
The price is creating a big Falling wedge on the daily timeframe and now the market is creating equal lows on the 4h timeframe.
at 55$ the price has a demand zone where the market could grab new liquidity for the reverse trade.
How to approach it?
If the price is going to have a breakdown from the 4h support and grab new liquidity, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
at 55$ the price has a demand zone where the market could grab new liquidity for the reverse trade.
How to approach it?
If the price is going to have a breakdown from the 4h support and grab new liquidity, 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 🦐
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.