BTCUSDT is creating an ascending channel, if the price will have a breakout to the upside we can look for a long position, otherwise we can expect a retracement until the 0.5 Fibonacci retracement
βββββ
Follow the Shrimp π¦
Keep in mind.
βββββ
Follow the Shrimp π¦
Keep in mind.
- π£ Purple structure -> Monthly structure.
- π΄ Red structure -> Weekly structure.
- π΅ Blue structure -> Daily structure.
- π‘ Yellow structure -> 4h structure.
- β«οΈ Black structure -> <4h structure.
Comment:
The price is testing 4h support. If the price is going to lose the support, we can see a retracement until 0.5 as I said in the video
Comment:
The price is following my drawing and the market could retest the 0.5 Fibonacci level around 36k
Comment:
The price is testing the 0.382 Fibonacci level right now as expected!
Comment:
Comment:
The price is testing the 0.382 Fibonacci level as expected