AVAXUSDT is testing the 0.618 on the daily timeframe

AVAXUSDT is testing the 0.618 on the daily timeframe inside a descending channel.
IF the price is going to have a breakout, According to Plancton's strategy(check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <4h structure.
  

Comment:

The price is going to test the daily resistance

Comment:

Still Wait for the breakout

Comment:

A Perfect retest after the breakout as expected!
Clean 9%