DOTUSDT is trying to have a breakout

The price had a breakout from the daily descending channel after a retest of the Monthly support on 14$.
On the 4h timeframe, the price is creating a pennant and now it's trying to have a breakout from it.
The price got a first rejection from the 4h resistance on 19$

How to approach?
We are monitoring the price and we are waiting for our rules. the market could get more liquidity from the previous resistance now new support. The market needs to have a breakout from the 19$, be careful about the daily resistance on 20$. IF the price is going to satisfy all our rules, we could open a new long position with a very nice risk reward.
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

코멘트:

The price is retesting the pennant as expected
Let's see!

코멘트:

Consolidation below the 4h resistance.
Wait for the breakout!

코멘트:

The price needs to break the resistance for the bullish scenario. 20 (the daily resistance) is the key level.

코멘트:

코멘트:

the price is following my drawing

코멘트:

a breakout is not enough, you need to have a strategy, for that reason we are following the Plancton's rules! 🦐

코멘트:

The price is following my drawing

코멘트:

A perfect trade, The price had a breakout as expected and printed 7%

코멘트:

The price is following my drawing!
10% so far after breakout as I told you

코멘트:

So Far So Good! 10% 👑

코멘트:

21% so far!

코멘트:

23% since my idea