AVAXUSDT is creating a pennant

The price got a rejection from the dynamic resistance te 26$ and now the market is trying to create a breakout from the static resistance.

How to approach it?
IF the price is going to create a clear breakout, 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:

We need to wait for a clear breakout from here and apply our rules for a new long position.

הערה:

The price is inside a pennant, wait for the breakout

הערה:

The price is testing the weekly resistance.
If the market is going to grab the liquidity, we could see a new breakout from the pennant

הערה:

The price wants the breakout from the pennant! 🧐

הערה:

BOOM!

6% as I told you

הערה:

🚨 12% since my idea