XMRUSDT is creating an ascending channel

XMRUSDT is creating a descending channel on the daily timeframe.
On the 4h timeframe the price is creating an ascending channel inside it.

The price is above the weekly support on 185$.
How to approach on it?
IF the price is going to lose the 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 🦐

Comentário:

the price bounced exactly on the daily support.
Bearish if the price is going to lose it

Comentário:

The setup is still valid.
The price needs to create a new breakout from the 4h support

Comentário:

The price created a double top on 208$ and now the market is testing important support on 180$.
waiting for the breakout

Comentário:

15% after a double top

Comentário:

Amazing trade here.MTB and 24% so far

Comentário:

the price had a breakout from the weekly and retested it.