The price is testing the daily resistance at 1800$ area where the market has the 0.618 Fibonacci level.
The market had a breakout from the 4h resistance and retest it as new support.
How to approach it?
the price could grab a new long position on the Fibonacci levels in order to try a new breakout from the 1800$ area, see if the price is going to lose the support, and retest it as new resistance we could see a local retracement on 0.5 or 0.618 Fibonacci level
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Follow the Shrimp 🦐
Keep in mind.
The market had a breakout from the 4h resistance and retest it as new support.
How to approach it?
the price could grab a new long position on the Fibonacci levels in order to try a new breakout from the 1800$ area, see if the price is going to lose the support, and retest it as new resistance we could see a local retracement on 0.5 or 0.618 Fibonacci level
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Komentar:
The price followed my arrow, CPS, and 9% so far
Komentar:
The price needs to hold the support, otherwise, we could see a new bearish movement until the daily support around 1400
Komentar:
The price tested the support on 0.786 and our students made 9% so far.
More if the price is going to lose the dynamic support and 4h one
30 mins to the merge
More if the price is going to lose the dynamic support and 4h one
30 mins to the merge
Komentar:
The price is testing another key level now.
I'd like to see a big reaction here
I'd like to see a big reaction here
Komentar:
a clear 14 % so far.
We expect a reaction from this level
We expect a reaction from this level
