ETCUSDT is testing the supply zonethe price is testing the previous demand as new supply at the 24$ area as I told you in my previous idea.
In the 4h timeframe, the price is creating a descending channel
How to approach it?
IF the price is going to lose the 4h support and retest it as new resistance, 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.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐