ETHUSDT is inside a rising wedge and the price tested the 0.618 Fibonacci Level.
IF the price will break the monthly resistance we can see another bull impulse, but if the price will lose the 4h support, we can see a restest on monthly support (300$)
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Follow the Shrimp 🦐
Keep in mind.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
IF the price will break the monthly resistance we can see another bull impulse, but if the price will lose the 4h support, we can see a restest on monthly support (300$)
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Comment:
The price is testing monthly resistance, but without Volume
