MKRUSDT is loading a breakout?
מעודכן
MKRUSDT recently experienced a false breakout from the daily resistance level, which is a key level that often represents a point of strong supply and demand. When the price breaks through this level, it can indicate a significant shift in market sentiment and a potential change in trend direction.
However, in this case, the breakout turned out to be false and the price is currently inside a descending channel. The market will need to create a new breakout from the static resistance level at around $760 for any long continuation to occur. This level is another key area of support and resistance and is a crucial level to monitor as it can indicate the direction of future price movement.
If the price breaks above this resistance level, we can apply Plancton's Strategies, a set of guidelines for identifying potential market movements, to help guide our decision-making and potentially open a new long position.
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
However, in this case, the breakout turned out to be false and the price is currently inside a descending channel. The market will need to create a new breakout from the static resistance level at around $760 for any long continuation to occur. This level is another key area of support and resistance and is a crucial level to monitor as it can indicate the direction of future price movement.
If the price breaks above this resistance level, we can apply Plancton's Strategies, a set of guidelines for identifying potential market movements, to help guide our decision-making and potentially open a new long position.
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.
- ⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
הערה
Breakout is mandatoryהערה
Waiting or the breakout 
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.