The price tested the supply zone as I told you in my previous idea. After the rejection the price is testing the 4h support on 19.60$ inside an ascending channel on 4h timeframe.
How to approach it?
The price could retest the 0.618 Fibonacci level after a double top on 22$, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
How to approach it?
The price could retest the 0.618 Fibonacci level after a double top on 22$, so 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 🦐
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.