CAKEUSDT is testing the weekly support. If the price is going to have a breakout from the daily resistance and turn into new support, According to Plancton's strategy(check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
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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 -> <4h structure.
ความคิดเห็น:
The price is creating a falling wedge on the weekly support
ความคิดเห็น:
Breakout from the falling wedge as expected!
ความคิดเห็น:
Accumulation before the breakout from the daily resistance
ความคิดเห็น:
The price is testing the daily resistance
ความคิดเห็น:
Finally Breakout!
ความคิดเห็น:
Breakout as expected and now the price is testing the daily support