InkyGrip

OGNUSDT is creating a descending channel

Viés de alta
BINANCE:OGNUSDT   Origin Protocol / TetherUS
The price is creating a descending channel on the 4 timeframes and now the market is getting the liquidity from the daily demand.
At 0.5 $ the price has a resistance.

How we can approach it?
If the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, 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 🦐
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.