BTCUSDT Pullback at 0.382 Fibonacci level?
Updated
The price had a breakout from the rising wedge from the 25k area and after the retest as new resistance the price had a bearish impulse until the 21200$ area there the price has a 4h support. Now the price could create a pullback until 22k
How to approach it?
In SHORT TERM, IF the price is going to have a breakout from the 21500 4h resistance and retest it as new support, we could see a pullback until the 0.382 Fibonacci level, so 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 🦐
How to approach it?
In SHORT TERM, IF the price is going to have a breakout from the 21500 4h resistance and retest it as new support, we could see a pullback until the 0.382 Fibonacci level, so 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 🦐
Comment
the price had a breakout and now is testing the resistance as I told you in my analysis.
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