InkyGrip

CTKUSDT is testing the monthly resistance

Long
BINANCE:CTKUSDT   CTK / TetherUS
The price is in consolidation phase above the daily support and below the monthly resistance (0.89)
The price got rejections from 0.95$ from the supply zone.

How to approach it?
IF the price is going to have a breakout from the monthly resistance and 4h resistance and retest it 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.
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Follow the Shrimp 🦐
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