The price is testing the monthly support where the price has a confluence as you can see on the daily timeframe. On the 4h timeframe the price could get new liquidity in order to create a new pullback if the price is going to have a clear breakout from 33k.
How to approach? If the price is going to have a breakout, 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 🦐
Note
The price is testing the 30k right now. The market must close above 29-30k otherwise the next stop could be 23k. Let's see!
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