On the daily timeframe, the price is testing the daily resistance on the 19$, as you can see on video, the price got rejections from that area, it means that this area is very strong, and the market needs a clear breakout from it with volume.
On the 4h time frame we can find two supply zone, the first one around 19.5$.
How to approach?
IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy, we can set a nice order
The next valid resistance is 21$
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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 needs to create a new breakout!
הערה:
We are waiting for the breakout from the daily resistance
הערה:
The price is flipping the daily resistance as I told you!
Don't miss this GEM!
Don't miss this GEM!
הערה:
the price is following my drawing!
8% so far, exactly on my circle 😎
8% so far, exactly on my circle 😎
הערה:
Bang 10% so far