The price tested the weekly support on the 0.33$ after a rejection from the daily resistance of 0.48$.
On the lower timeframe, the price is testing the 4h resistance at 0.38$ .
How to approach?
The price is in the consolidation phase below the resistance and dynamic daily resistance. We are waiting for the breakout of it and retest as new support. Of course a breakout is not enough, the market needs to satisfy our rules for a new long position
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
On the lower timeframe, the price is testing the 4h resistance at 0.38$ .
How to approach?
The price is in the consolidation phase below the resistance and dynamic daily resistance. We are waiting for the breakout of it and retest as new support. Of course a breakout is not enough, the market needs to satisfy our rules for a new long position
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.