The price bounced on the 13$ on the daily support and had a breakout from the minor descending channel. The price is creating a big descending channel on the daily timeframe.
On the 4h timeframe the price is testing a key level on 15.80 - 16$.
How to approach? the price needs to have another breakout from the resistance and retest the previous key level as new support. According to Plancton's strategy, we can set a nice order ––––– Keep in mind.