InkyGrip

BTCUSDT is inside a descending channel 🦐

Long
InkyGrip Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT is inside a descending channel. We are going to wait for a retracement until the 0.5 Fibonacci level. According to Plancton's strategy(check our Academy), we can set a nice order
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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.
Comment:
A nice breakout from the descending channel, and now the price is testing the weekly resistance. Bullish above it! πŸ”₯
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