Litecoin / TetherUS

LTCUSDT is creating equal lows

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The price is creating a big Falling wedge on the daily timeframe and now the market is creating equal lows on the 4h timeframe.
at 55$ the price has a demand zone where the market could grab new liquidity for the reverse trade.

How to approach it?
If the price is going to have a breakdown from the 4h support and grab new liquidity, 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 🦐

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