MANAUSDT is testing creating a bearflag
Updated
The price is testing the monthly support after a bounce on the monthly support on 1.45$
on the daily timeframe the price lost the support and now the market wants to retest it.
on the 4h timeframe the price is creating a bearflag below the weekly resistance.
how to approach it?
IF the price is going to have a breakdown from the bearflag, 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 🦐
Note
the price is following my drawing.More down if the price is going to lose the monthly support
Note
The price is following my arrow, and we are locking a nice profit.More if the price is going to lose the support, as you can see the price created the equal lows.
Note
clear 19% so farNote
36% BOOMNote
53% 👀
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