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InkyGrip
17 maj 2022 06:52

NEARUSDT is creating a pennant Short

NEAR / TetherUSBinance

Opis

The price is creating a pennant between daily and weekly support after a big bearish impulse.
the price is testing a key level on the 6.5$

How to approach?
We could see a new false breakout from the pennant. The price could grab new liquidity and retest the 5.5$ and create a double bottom.
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 🦐
Komentarze
Solldy
I think that today we should see how the day will close and then place limit orders to gain a position. Good idea!
InkyGrip
@Solldy, thanks for sharing your vision
RLinda
I like it)
InkyGrip
@RLinda, great!
DeGRAM
Like it. Great one
InkyGrip
@DeGRAM, you are welcome
UnknownUnicorn15614419
Simple to understand. Thanks for sharing.
InkyGrip
@TradingStat, thanks for your continuous support
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