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Descendingtrendline

SOLUSDT is creating a descending channel The price is creating a descending channel on the daily timeframe. We can see two false breakout. Not the price is creating a consolidation above the daily support and dynamic resistance How to approach? IF the price is going to have a breakout from the daily dynamic resistance and weekly resistance (120$) 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 🦐
Long
by InkyGrip
26