InkyGrip

FTMUSDT is getting liquidity from the demand zone

Long
BINANCE:FTMUSDT   Fantom / TetherUS
The price is testing the demand zone on 0.61$ after a double top formation and double top. On the daily timeframe the price is creating the falling wedge as well.

How to approach?
The price could grab the new liquidity from 0.5$ and create a new breakout from the 0.7$, so If the price is going to satisfy our rules, 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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