The price is testing the 0.618 Fibonacci level as resistance after the sharp movement. the price could have a rejection from that area after the pullback and got a new bearish impulse.
At the moment the market is going to create a new higher low in that area, as you can see on the left, this area is a confluence zone for Bitcoin.
How to approach?
IF the price is going to have a new rejection from that area, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
At the moment the market is going to create a new higher low in that area, as you can see on the left, this area is a confluence zone for Bitcoin.
How to approach?
IF the price is going to have a new rejection from that area, 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.
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Follow the Shrimp 🦐
Catatan
The price is testing the 0.618 Fibonacci level as resistance. If the price is going to have a clear rejection, we could see a new bearish
let's see!
Catatan
more down if the price is going to lose the supportCatatan
The Price following my drawing! 
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.