ONTUSDT is forming a falling wedgeThe price is forming a falling wedge on the daily support at 0.22$ area between the 4h structures.
How to approach it?
The price could get more liquidity from the 0.22-21 area and create a reversal trade.
so, IF AND ONLY IF, the price is going to have a breakout from the falling wedge and 4h resistance and retest 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 🦐