plancton0618

FILBTC had a breakout from the Falling Wedge

Long
BINANCE:FILBTC   FIL / Bitcoin
The price had a breakout from the huge falling wedge and now is going to test the previous resistance as new support around 0.000553.

The price had a breakout from the 4h dynamic resistance too and got the rejection from the 0.382 Fibonacci level on 4h timeframe.

How to approach?
IF the price is going to have a breakout from the 0.006, the 0.5 Fibonacci level, we can add to our watchlist, and According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
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