ETHUSDT is testing the weekly resistance and the price touched the 0.618 Fibonacci level. IF the price will lose the 4h support and turn the support to new resistance, we could see another bearish impulse, According to Plancton's strategy (check our Academy), we can set a nice order ––––– 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 the Plancton0618 strategy will trigger.
great analysis mate can u make a guide how to draw structural support and resistance like u and how to properly use fibonacci this will help a lot of traders who is focusing on learning. thank u
InkyGrip
⋅
@bharatdubey12345, hello sir, join our channel for more info, link in bio 🦐