the price tested the demand zone on 10$ and get the new liquidity. Now the price is testing the resistance on 12.5$ after the breakdown from the ascending channel (weekly)
How to approach? IF the price is going to have a breakout from it, and retest the 12.5$ as new support, we could see a new pullback until the monthly level at 15$, According to Plancton's strategy, we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
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The market is following my drawing! 12% so far 😎
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17% so far as I told you!
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The price followed my drawing! 21% so far, congrats planctoners!
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A perfect analysis here and the price is going to test the next structure on 17$ 23% so far without any leverage but with only Plancton's Rules
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