XMRUSDT is testing the resistance

Monero / TetherUS BINANCE:XMRUSDT

plancton0618

The price is in the accumulation phase below the daily and weekly resistance on 226$
As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance.

on the 4h timeframe, the price is creating a channel between the 209 and 226$

How to approach?
The price needs to have a CLEAR breakout from the weekly resistance, 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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