InkyGrip

COTIUSDT is testing the 4h support

Viés de baixa
BINANCE:COTIUSDT   COTI / TetherUS
The price had a breakout from the weekly support and created a double top on the daily timeframe.
On the 4h timeframe, the price is a breakout from the dynamic and static support.
How to approach?
If the price is going to confirm the breakout, we can apply our rules for a new short position.
––––
Keep in mind.

🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.