BNBUSDT is testing the weekly resistance after the price had a breakout from the descending channel. If the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy(check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Comment
The price got a rejection from the weekly resistance. Our strategies are valid only after the breakout.
Comment
After the breakout, we made more than 6% as we said. The breakout isn't enough, you need a strategy to open a long position.
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The price is testing the previous weekly support as expected
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The price is testing the weekly resistance. Wait for the next bullish impulse
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As I said on video, the price had a breakout from the weekly resistance an now the price is testing the 4h resistance. Wait for the breakout
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