AXSUSDT is creating a huge descending channel

28 มี.ค. 2023

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 เม.ย. 2023

บันทึก

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

4 เม.ย. 2023

บันทึก

Waiting for it

5 เม.ย. 2023

บันทึก

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

16 เม.ย. 2023

บันทึก

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

18 เม.ย. 2023

บันทึก

Testing the Weekly right now