The price is testing the descending channel after a nice bull run above the weekly level at 0.0079$ area.
Now the price is inside a descending channel above the liquidity zone.
How to approach it?
IF the price is going to lose the support and retest it as new resistance we could see a bearish impulse until the demand zone on 0.0055 area, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Now the price is inside a descending channel above the liquidity zone.
How to approach it?
IF the price is going to lose the support and retest it as new resistance we could see a bearish impulse until the demand zone on 0.0055 area, so 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:
The price is following my arrow, wait for the breakout!
הערה:
The price is following my arrow according to Plancton's Academy
הערה:
The price followed my analysis according to MTB Plancton's Strategies