Theprice had a nice bounce from the weekly support on 0.52$ area and started with ascending channel until the 0.786 Fibonacci level resistance on the 4h Obrder block.
the market created a minor ascending channel and now the price is testing the resistance.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a retracement until 0.382-0.618 Fibonacci Level, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
the market created a minor ascending channel and now the price is testing the resistance.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a retracement until 0.382-0.618 Fibonacci Level, so 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 🦐
Comment:
a clear 12% after my call
