The price lost the support on 22$ where I draw the daily structure. After a breakdown from it, the price retested the 21$ as new resistance, got new liquidity, and create a new bearish impulse.
Now the price is testing the 16$ as local support.
How to approach it? The price wants to retest the daily support on 14$, so if the price is going to lose the 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 🦐
הערה
The price is testing the daily support as I told you. 10% so far
הערה
clear 11% and more if the price is going to lose the daily support!
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