OGNUSDT is creating a descending channel

Origin Protocol / TetherUS BINANCE:OGNUSDT

plancton0618

The price is creating a descending channel on the 4 timeframes and now the market is getting the liquidity from the daily demand.
At 0.5 $ the price has a resistance.

How we can approach it?
If the price is going to have a breakout from the descending channel and retest the 4h 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 🦐

You might be interested in …

Trading View May 6, 2022

Btc bitcoin

BTC Bitcoin Bitcoin / U.S. dollar BITSTAMP:BTCUSD zhurricane0 Bitcoin to the moon but not easy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@!!@!@@!!@!@!@!@!@@!@!@!!@!@!@!@!@!@!@!!@!@!@!@!@!!@!!@!@!@!@@!@!@!@!@!!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!!@@!@!@!@!@!@!@!!@!@!@!@!!@!@!@!@!@!@!!@!@!@!@!@!@!!@@!@!!@!@!@!!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!@!!@!@!@!@!@!@!!@!@!@!@!@!@!!@!@!@!@!@!@!!@!@!@!@!@!@!@!@!@!!@!@!!@!@!@!@!@!!@!@!@!!@!@!@!@!@!@!@!@!@!@!!@!@!@!@!@!@!!@!@!@!@!@!@!@!@!!@!@!@!@!@!!@!!@!@!@!@!!@!@!@!@!@!!@!!@!!@!@!!@!!!!@!@!@!@!!@!@!@

Trading View January 29, 2022

BTCUSD M30

BTCUSD M30 Bitcoin / TetherUS BINANCE:BTCUSDT dboursee hi guys check BTCUSD M30 and wait to break out !! check tp and sl in picture good luck

Trading View May 12, 2022

LUNAUSD Parabolic crush is over now up only

LUNAUSD Parabolic crush is over now up only Luna / US Dollar (calculated by TradingView) BINANCE:LUNAUSD viparmenia Seems after binance fixed the $LUNA tick size and allowing users buy and sell more than 90 000 […]