THETAUSDT is testing the daily support
Theta Token / TetherUS BINANCE:THETAUSDT
the price is testing the daily support on 3.6$ after a rejection from the daily resistance on 3.1$.
on the lower timeframe, the price is testing the previous channel support as new resistance.
How to approach?
IF the price is going to lose the current daily support and retest it as new resistance, 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 🦐
