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XMRUSDT needs to hold the dynamic support!
Short
XMRUSDT needs to hold the dynamic support!
By InkyGrip
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Updated
May 15, 2022
3
Cheer
Cheer
May 7, 2022
the price tested again the 0.786 Fibonacci level on the monthly timeframe and have a breakout from the descending channel on the weekly timeframe.
As you can see the price has a confluence on 227$.
On the 4h timeframe the price created a descending channel had a breakout but without momentum.
So How we can approach it?
If the price is going to loose 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 🦐
May 8, 2022
Comment
the price is testing the support as I told you, waiting for the breakout
May 10, 2022
Comment
perfect 15% so far
May 15, 2022
Comment
40% so far
Chart Patterns
Harmonic Patterns
support
supportbreakout
supports
Trend Analysis
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