plancton0618

CELOUSDT is testing the 0.618 Fibonacci Level

Short
BINANCE:CELOUSDT   CELO / TetherUS
The price had a breakout from the descending channel on the daily timeframe ant it tried to have another breakout from the weekly resistance without any success.

Now the market is creating a head and shoulders on the daily timeframe and the price is testing the 0.618 Fibonacci level.

If the price is going to lose the support, we could see a retest of the dynamic support around 3.6$
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
Comment:
Did you remember the magnet?
the price lost the support of on the 0.618 Fibonacci level, and now is going to retest the dynamic support line.

another free call with amazing profits.
Congrats to everyone!

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