TRXUSDT is testing the resistance 👀

The price is testing the demand zone on 0.8$ below the weekly resistance after the first rejection. In my previous Idea, I told you, wait for the clear breakout from the weekly resistance. It's not enough to see a breakout, you need a strategy to open new positions.

How to approach?
The price needs to create a new breakout from 0.86$ and retest it as new support.
IF the price is going to have a breakout, 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 🦐

Komentarz:

still valid, the price needs to create a new breakout from it!

Komentarz:

breakout as expected