InkyGrip

BTCUSDT needs to hold the 20k

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
the price lost the support after a breakout from the 21400 without momentum and the price retested the previous support as new resistance as I told you in my previous analysis.

Now the price is isnide a minor descending channel inside the major ascending channel above the 20k.

How to approach it?
We could see a retest on 21k is to retest the previous support again.
IF the price is going to get another rejection from it, 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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