LTCUSDT is trying to have a breakout
Updated
The price bounced on the monthly key level and now the market is testing the 4h resistance inside the pennant
how to approach it?
IF the price is going to have a breakout from the pennant and 4h resistance and retest it as new support, According to Plancton's strategy, we can set a nice order
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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 🦐
Comment
The price is testing an important resistance on the 4h timeframe.Wait for the breakout!
Comment
the price needs Volume and momentum to create a clear breakoutComment
Still waiting for the breakout
Comment
Don't miss the breakout 👀
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