ALPHAUSDT is testing the 4h resistance 🦐
ALPHA / TetherUS BINANCE:ALPHAUSDT
The market is testing the Monthly key level on 0.28$ after a big bearish momentum
on the 4h timeframe the price got rejection from the 4h resistance with a false breakout above the structure.
How to approach?
The price needs to have a new breakout from the 4h resistance and retest it as new support. IF the price is going to have a breakout, 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 🦐
