LITUSDT is creating a triangle

2022년 3월 23일

The price had a breakout from the dynamic resistance on the daily timeframe after a retest at 1.23$. The market created a double bottom on it.

On the 4h timeframe, the price is testing the 4h resistance on 1.38$ after a nice breakout of 1.320$ and the market is creating an ascending triangle, where the resistance is the daily resistance.

Be aware of the supply zone (circle) where the price had an accumulation before a new bearish impulse.

How to approach?
We are waiting for the breakout from the triangle and retest the previous resistance (daily) as new support.. If the price is going to have a breakout from the supply zone, 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 3월 23일

노트

The price is following my drawing!

2022년 3월 24일

노트

The price is in accumulation zone after the breakout as expected

2022년 3월 25일

노트

The price is testing the previous resistance as new support.
We are waiting for the breakout from the supply zone!


Don't miss it

2022년 3월 29일

노트

The price followed my drawing, check my previous analysis.
Consolidation, before the breakout as I told you.
12% so far

2022년 3월 31일

노트

24 since my call.
congrats Planctoners