HOTUSDT is testing the resistance

5 авг. 2022 г.

The price created a triple bottom on the weekly structure and now the price is trying to create a breakout from the daily resistance from 0.0024.
If you look on the left you can see that this level is very important for the market, the price got several rejections

How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, 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.
  

–––––
Follow the Shrimp 🦐

5 авг. 2022 г.

Заметка

17%

5 авг. 2022 г.

Заметка

Clear breakout with volume and 17%

8 авг. 2022 г.

Заметка

21% since my idea.