InkyGrip

BTCUSDT could retest 0.618 Fibonacci level 🦐

InkyGrip Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price created an ascending wedge and the price broke downward. The main trend remains bullish, but we could see the retest on 0.618 Fibonacci Level.
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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.
  • ⚫️ Black 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 the Plancton0618 strategy will trigger.
Comment:
Waiting for 0.618
Comment:
The price is testing 0.5 Fibonacci Weekly support. IF the price will have a 4h breakout, the price could rise again, otherwise we can see a retest on 0.618
Comment:
the price retested 0.5 Fibonacci level before bounced.
Comment:
The price could have a pullback
Comment:
The price could retest our Fibonacci level
Comment:
We are waiting for the retracement
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