STORJUSDT is creating a pennant

2022년 3월 17일

The price had a breakout from the descending channel on the daily timeframe after a bounce on the weekly support on 0.91$.

On the lower timeframe (4h) the price is creating a pennant below the monthly resistance and above the 4h support. the market printed a false breakout from the pennant and monthly structure.

How to approach?
We are monitoring the price, we are waiting for the breakout from the pennant with volume. IF the price is going to have a breakout and retest monthly resistance as new support, 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 17일

노트

the price is trying to have a breakout

2022년 3월 18일

노트

The price needs to flip the monthly resistance for a bullish scenario

2022년 3월 19일

노트

the price needs to have a breakout from the monthly resistance!

2022년 3월 20일

노트

The price is testing the monthly resistance on 1.12$. The price needs to flip it with volume and retest!

2022년 3월 21일

노트

Keep calm, the price needs to create a breakout from the monthly resistance

2022년 3월 27일

노트

Bang!
20% since my call!

2022년 4월 1일

노트

36% after my call 😎