InkyGrip

ADAUSDT is testing a weekly resistance

לונג
InkyGrip מעודכן   
BINANCE:ADAUSDT   Cardano / TetherUS
The price created a descending channel on the daily timeframe and had a breakout from it. The market had another important breakout from a key level (1$) after the price created an Adam and Eve pater below the monthly structure.

On the 4h timeframe the price is testing the weekly resistance on 1.2$

How to approach?
The price needs to create a new breakout from the weekly resistance and retest as new support, 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 🦐
הערה:
The price got a rejection by the weekly resistance so far.
We need to see a clear breakout for bullish continuation
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.