InkyGrip

AGLOUSDT is creating an inverse head and shoulders

Long
InkyGrip Updated   
BINANCE:ALGOUSDT   Algorand / TetherUS
The price created a double bottom on the monthly structure on the Monthly support. (0.68$). After the bounce, the market had a breakout from the dynamic daily resistance.
On the 4h timeframe, the price is creating an inverse head and shoulders. the neckline is on 0.77$

How to approach?
the price needs to confirm the right shoulder and create a new breakout from its neckline. 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.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Comment:
Perfect breakout from the inverse head and shoulders as I told you 😎
Comment:
Bang!
9%
Comment:
After the breakout, the price printed a 9%
Congrats to our Planctoners! 🎯
Comment:

Inverse head and shoulders, Plancton's rules, 11%

😎Congrats 🦐
Comment:
A perfect breakout from the inverse head and shoulders and we made more than 19% without any leverage.

Now thew price is testing an important resistance
Comment:
19% so far, the price needs to have a new breakout from the monthly resistance for a new bullish impulse
Comment:
21% since my call
Comment:
A Perfect inverse head and shoulders here.
Comment:
a perfect inverse head and shoulders and double bottom on the daily timeframe.
The price is pushing until the next daily resistance on 1$

Comment:
26% so far, after the inverse head and shoulders.
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