The price is creating a pennant between daily and weekly support after a big bearish impulse.
the price is testing a key level on the 6.5$
How to approach?
We could see a new false breakout from the pennant. The price could grab new liquidity and retest the 5.5$ and create a double bottom.
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
the price is testing a key level on the 6.5$
How to approach?
We could see a new false breakout from the pennant. The price could grab new liquidity and retest the 5.5$ and create a double bottom.
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 🦐
