ETHUSDT is testing the 4h resistance
According to my previous analysis (tradingview.com/chart/ETHUSDT/rAhOPrwl-ETHUSDT-is-testing-the-previous-resistance-as-new-support/) the price followed my arrow and now the price is testing the 3520$ resistance.
On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support.
How to approach?
The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support.
How to approach?
The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. 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 🦐
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.