InkyGrip

ETHUSDT wants to retest the resistance

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
The price got a rejection from the weekly resistance on 3050$ and lost the daily support on 2900$ as well.
on the 4h timeframe, the price is testing the daily support on 2730$ where the price could get a liquidity for a new pullback on 2800$

How to approach?
In the short term, we could see a pullback on the previous support now new 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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