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InkyGrip
Sep 20, 2020 7:09 AM

BTCUSDT is testing 0.618 Fibonacci level 🦐 

Bitcoin / TetherUSBinance

Description

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BTCUSDT is testing 0.618 Fibonacci level, daily resistance, and monthly dynamic resistance after a great bounce on a weekly neckline (See my previous ideas).
now, IF the price will break daily resistance and dynamic monthly(around 11300$), we can see another bullish impulse.
IF the market will print a rejection candle, we can see a retest around 10640$, the previous daily resistance.

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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ Blue structure -> Daily structure.
  • 🟑 Yellow structure -> 4h structure.



Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Comments
Sinigdha123
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Great breakdown as usual..Thanks for sharing!
InkyGrip
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@Sinigdha123, thanks for your feedback! 🦐
jojofang0901
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thx for sharing this one. :)
InkyGrip
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@jojofang0901, thanks for your comment! 🍿🦐
ProjectSyndicate
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amazing setup and overall great. thank you for the updates!
InkyGrip
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@ProjectSyndicate, Thanks thanks
bobber70
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great work Sir
InkyGrip
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@bobber70, Appreciate it
PolarHusk
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GoodJob
InkyGrip
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@PolarHusk, Thanks for your comment
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