ALICEUSDT Pullback and new breakout?

2022년 5월 13일

The price lost the monthly support on 5.70$ and the price is creating a falling wedge on the daily timeframe. On the 4h timeframe the price is testing the dynamic trendline as support.

How approach on it?
The price needs to get new liquidity and create a new breakout from the monthly and from the supply zone on 4$. 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 🦐

2022년 6월 4일

노트

Still valid if the price is going to flip the daily resistance

2022년 6월 8일

노트

The setup is still valid. the price is getting liquidity.
Let's see!