ATOMUSDT is testing the 4h resistance

the price is testing the 4h resistance on the 0.5 Fibonacci level after a bearish impulse from the monthly support at 8.84$

How to approach it?

The price needs to create a breakout from it and retest the current 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 🦐

ความคิดเห็น:

Waiting for the breakout

ความคิดเห็น:

A clear breakout and retest as I told you. Now the price is testing the 0.786 Fibonacci level. More if the price is going to have another breakout from it.

ความคิดเห็น:

15% so far so good

ความคิดเห็น:

20%, so far so good 🦐

ความคิดเห็น:

22% since my call