InkyGrip

CELRUSDT is creating a falling wedge

Long
InkyGrip Updated   
BINANCE:CELRUSDT   Celer Network / TetherUS
The price is creating a falling wedge on the daily timeframe. After an amazing bull run, the price is going to retest the start point around 0.041$

On 4h Timeframe, the price is testing the support around 0.47$.

How to approach?
We are monitoring the price, we could see a retest around 0.042-41$ on the previous daily support. If the price will get liquidity and will have the breakout from the dynamic daily resistance and 4h resistance, 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:
the price had a breakout from the daily support and we made more than 24% since my previous call.
The reverse scenario could occur if the price is going to have a new breakout from 0.45$ otherwise the next valid support is 0.30$

Comment:
The price had a breakdown from the daily resistance and now the market is trying to follow my drawing. We are waiting for a breakout to apply our rules.

24% since my call! Congrats to everyone
Comment:
new rejection, new profit.
34%
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