ENSUSDT is in consolidation phaseThe market created a double bottom on the 12.30$ on the daily timeframe.
After each breakout, the price retested the previous resistance as new support.
on the 4h timeframe, the price is in the consolidation phase below the 20.5$
How to approach?
IF the price is going to have a clear breakout from 21$ and retest as new support, 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 🦐