The market had a breakout from the weekly support of 10$ and daily support as well on 9%.
The price is testing the dynamic support as new resistance.
On the 4h Timeframe, we can see that the price is testing the support on 8.3$ after a new rejection from the 9.5$ area.
How to approach?
We need to monitor the price of Bitcoin as well. IF the price is going to have a clear breakout from the current support and flip into new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price is testing the dynamic support as new resistance.
On the 4h Timeframe, we can see that the price is testing the support on 8.3$ after a new rejection from the 9.5$ area.
How to approach?
We need to monitor the price of Bitcoin as well. IF the price is going to have a clear breakout from the current support and flip into new resistance, 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.
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Follow the Shrimp 🦐
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