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ETHUSDT is testing the 4h resistance

ETHUSDT is testing the 4h resistance

ETHUSDT is testing the 4h resistance

ETHUSDT is testing the 4h resistance

Ethereum / TetherUS BINANCE:ETHUSDT
plancton0618


ETHUSDT is testing the 4h resistance

According to my previous analysis (https://www.tradingview.com/chart/ETHUSDT/rAhOPrwl-ETHUSDT-is-testing-the-previous-resistance-as-new-support/) the price followed my arrow and now the price is testing the 3520$ resistance.
On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support.

How to approach?
The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. According to Plancton’s strategy, we can set a nice order
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Keep in mind.

  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐

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