The price is creating a rising wedge after the breakout from the descending channel. The market is testing the 0.382 Fibonacci level on the daily timeframe above important support, The volume is declining so far.
We could see a spike on 0.5 Fibonacci level.
How to approach? If the price is going to lose the current support, According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
––––– Follow the Shrimp 🦐
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The price is testing the daily support on 2.8 after the breakout from the rising wedge. If the price is going to have another breakout, we could see a move downside movement
17% so far, congrats.
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Clear breakout from the rising wedge and the price is having a new breakdown from the daily support. FREE SIGNALS, 19% so far. 🎯
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Clear 31% after my call. the price had a breakout from the rising wedge and the market lost the daily support as well.