AXSUSDT is creating a huge descending channel

28 мар. 2023 г.

The price has recently bounced off the 0.786 Fibonacci level, which is considered to be a potential level of support or resistance.

The statement indicates that the trader is waiting for a breakout from the channel, which could potentially signal a new long position according to Plancton's Rules, a set of guidelines for technical analysis.

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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <= 1h structure.
  

Follow the Shrimp 🦐

3 апр. 2023 г.

Заметка

the price needs to create a breakout from the daily resistance!

4 апр. 2023 г.

Заметка

Waiting for it

5 апр. 2023 г.

Заметка

the price is testing the daily support after the breakout as expected!

16 апр. 2023 г.

Заметка

nice bullish impulse, the price needs to flip the weekly resistance

18 апр. 2023 г.

Заметка

Testing the Weekly right now