The price had a rejection from the monthly and after a breakdown from the weekly support on 19.84$ the price went to retest the daily support on 17,8$.
On the 4h timeframe, the price got a rejection from the previous 4h support now new resistance on 18.6$
How to approach?
The market is testing important daily support on 17.80$, the price bounced several times on that level. IF the price is going to lose the support and flip as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
On the 4h timeframe, the price got a rejection from the previous 4h support now new resistance on 18.6$
How to approach?
The market is testing important daily support on 17.80$, the price bounced several times on that level. IF the price is going to lose the support and flip as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
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