BAKE / TetherUSUpdated BAKEUSDT needs to hold the support
The price is creating a bear flag below the daily resistance at 0.225 area, where the price has the 0.886 Fibonacci level.
How to approach it?
IF the price is going to lose the bear flag and the static support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
How to approach it?
IF the price is going to lose the bear flag and the static 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.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
Note
The price had a breakout from the ascending channel as expected.More if the price is going to lose the 4h support
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