An ascending channel is a technical chart pattern that occurs when price creates a series of higher highs and higher lows, forming two upward sloping parallel trend lines. In the case of ALGOUSDT, the pair is inside an ascending channel below the weekly key resistance at 0.27$, where the price has bounced several times in the past.
The price currently needs to grab liquidity in order to make a new breakout above the resistance, and we are watching this pair in order to apply our strategies.
A successful breakout above the resistance could signal a continuation of the uptrend and indicate further price appreciation, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price currently needs to grab liquidity in order to make a new breakout above the resistance, and we are watching this pair in order to apply our strategies.
A successful breakout above the resistance could signal a continuation of the uptrend and indicate further price appreciation, so 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.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
노트
the breakout is mandatory!노트
the market hit the key level as I told you with 9%노트
9% wait for the next breakout노트
bang!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.