GALAUSDT is going to retest the demand zone
The price bounced on daily demand zone on 0.05$ and now the price is creating equal lows above it.
The price could reset the demand zone in order to grab new liquidity to reverse the main trade
how to approach it?
The price needs to grab new liquidity and create a breakout from the dynamic and static resistance.
IF the price is going to have a breakout, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price could reset the demand zone in order to grab new liquidity to reverse the main trade
how to approach it?
The price needs to grab new liquidity and create a breakout from the dynamic and static resistance.
IF the price is going to have a breakout, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Follow the Shrimp 🦐
Comentário:
the price tried to create a breakout from the resistance. We are waiting for a clear breakout and retest. Don't forget, a breakout is not enough, the price needs to satisfy our rules!
Comentário:
the price is in the accumulation phase below the 4h resistance. Wait for the clear breakout.
