RADUSDT is testing the 4-hour resistance level, indicating a critical point in the market.
According to Plancton's Rules, a breakout long trade opportunity arises when the price successfully breaks above the 4-hour resistance level. A breakout occurs when the price moves beyond a significant price level, suggesting a potential continuation of an upward trend or the start of a new bullish phase.
To execute a breakout long trade with Plancton's Rules, traders would enter a long position (buy order) if the price convincingly breaches and closes above the 4-hour resistance level. By doing so, traders aim to capitalize on the potential upward momentum and price appreciation that may follow the breakout.
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Follow the Shrimp 🦐
Keep in mind.
According to Plancton's Rules, a breakout long trade opportunity arises when the price successfully breaks above the 4-hour resistance level. A breakout occurs when the price moves beyond a significant price level, suggesting a potential continuation of an upward trend or the start of a new bullish phase.
To execute a breakout long trade with Plancton's Rules, traders would enter a long position (buy order) if the price convincingly breaches and closes above the 4-hour resistance level. By doing so, traders aim to capitalize on the potential upward momentum and price appreciation that may follow the breakout.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
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