GRTUSDT is testing the daily resistance inside a weekly range. the price is creating a descending channel. We need to wait for the next move.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
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Follow the Shrimp ๐ฆ
Keep in mind.
IF the price will have a breakout from the downside, we could see more continuation to the downside, otherwise if the price will have a breakout from the descending channel, we can add it to our watchlist and wait to apply Plancton's rules and open a new Long position with a nice Risk Reward
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
- ๐ฃ Purple structure -> Monthly structure.
- ๐ด Red structure -> Weekly structure.
- ๐ต Blue structure -> Daily structure.
- ๐ก Yellow structure -> 4h structure.
- โซ๏ธ Black structure -> <4h structure.
