Now the price is testing the 7$ area and it's creating an ascending triangle.
How to approach?
The price needs to have a new breakout from that area and retest the previous 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.
Follow the Shrimp 🦐
Comment:
Still in the accumulation phase inside the falling wedge.
Let's see!