FTMUSDT is testing the support
Updated
The price is creating an ascending channel on the 4h timeframe after a bounce on 0.22 Monthly support.
The price got a rejection from the daily trendline (dynamic resistance).
How to approach it?
IF the price is going to lose the support, 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 price got a rejection from the daily trendline (dynamic resistance).
How to approach it?
IF the price is going to lose the support, 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 🦐
Comment
The price is testing the support.If the price is going to create a new Lower low, we can add to our watchlist 😎
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