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InkyGrip
May 13, 2022 6:16 AM

SOLUSDT wants the 0.618 Fibonacci level Long

SOL / TetherUSBinance

Description

The price had a bearish impulse until the 37$ where the market has the daily support.
As you can see, the market created a candle with big spike, it means the new liquidity, for that reason if the price is going to flip the supply zone on 59$ we could see a pullback until 72$.

How to approach?
The price needs to flip the 58$ and retest it as new support. If the price is going to gain the momentum we could see a pullback until the 0.618 Fibonacci level. 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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Follow the Shrimp 🦐
Comments
ahar1365
Thanks my friend
InkyGrip
@ahar1365, thanks to you brother
DeGRAM
Good charting
InkyGrip
@DeGRAM, cheers mate
UnknownUnicorn15614419
Great publication!
InkyGrip
@TradingStat, thanks bro
tahmidshahid
hello bro, can you take a look at ETH now? would much appreciated that/
InkyGrip
@tahmidshahid, noted thanks
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