InkyGrip

OCEANUSDT needs a new Higher High

Long
BINANCE:OCEANUSDT   OCEAN / TetherUS
The price is testing the daily resistance on 0.2$ after a clear dump from the previous monthly resistance on 0.32$

At the moment the price is creating a channel blow the daily resistance.
How to approach it?
The price needs to create a new higher high from outside the channel and flip the 4h resistance into new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.