The price is creating a falling wedge on the 4h timeframe inside a descending channel.
The market is testing the daily resistance on 6$, it's a key level
A falling wedge marks the corrective phase in this measured move-up formation. Note the receding volume trend of the wedge.
How to approach?
IF the price is going to have a breakout from the 6$, 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 🦐
The market is testing the daily resistance on 6$, it's a key level
A falling wedge marks the corrective phase in this measured move-up formation. Note the receding volume trend of the wedge.
How to approach?
IF the price is going to have a breakout from the 6$, 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.
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Follow the Shrimp 🦐
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.