RAD / TetherUS

RADUSDT want the breakout?

273
RADUSDT is testing the 4-hour resistance level, indicating a critical point in the market.

According to Plancton's Rules, a breakout long trade opportunity arises when the price successfully breaks above the 4-hour resistance level. A breakout occurs when the price moves beyond a significant price level, suggesting a potential continuation of an upward trend or the start of a new bullish phase.

To execute a breakout long trade with Plancton's Rules, traders would enter a long position (buy order) if the price convincingly breaches and closes above the 4-hour resistance level. By doing so, traders aim to capitalize on the potential upward momentum and price appreciation that may follow the breakout.

–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.