THETAUSDT trade ideas
THETAUSDT needs the breakoutThe price is testing the daily support on 1.050$ and now the market is testing the 4h resistance on 0.382 Fibonacci level.
How to approach it?
If the price is going to have a breakout from the resistance and retest the resistance 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 🦐
THETAUSDT | BREAKOUT AHEADTHETAUSDT previously broken the rising support and fall below it. Now the price action is continuously taking rejection from rising support. The rising support now acts as a resistance.
We are expecting a bullish trend after break of rising support now acting as resistance. The bears will be only in control below the resistance.
Trade your levels accordingly.
theta usdtthis indicator shows you base and momentum candles
base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones.
Base candles are white in the chart, and you can place your order at the good zone.
Rally candles and drop candles are momentum candles, and bold rally and bold drop show that it is more powerful than its before candle