the price is testing the dynamic support above the daily resistance (0.3$)
the market got a rejection from 0.618 Fibonacci level o n 0.34$ area.
How to approach it?
IF the price is going to have a clear breakout from the local resistance and flip it as new support, we could see a retest of the daily structures, so, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
the market got a rejection from 0.618 Fibonacci level o n 0.34$ area.
How to approach it?
IF the price is going to have a clear breakout from the local resistance and flip it as new support, we could see a retest of the daily structures, 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 🦐