ETHUSDT is creating a channel
The price is creating a channel between the demand and supply zone on 4h timeframe.
on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline.
on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance
How to approach?
- for a bullish scenario, the price needs to flip the 3520$ with volume and momentum, the price created a double top on it.
- Otherwise, if the price is going to lose 3240, we could see a retest of 3k
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline.
on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance
How to approach?
- for a bullish scenario, the price needs to flip the 3520$ with volume and momentum, the price created a double top on it.
- Otherwise, if the price is going to lose 3240, we could see a retest of 3k
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 🦐
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。