Long

VLXUSDT is creating a double bottom

Updated
the price is creating a double bottom on the 0.19$ support after the price lost the weekly one.

How to approach?
The price needs to hold this support and get the liquidity for the next bullish impulse above the 0.20$ 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 🦐
Note
the price is trying to confirm the double bottom!
snapshot
Chart PatternsdoubleDouble BottomHarmonic PatternsTrend Analysis

Related publications

Disclaimer