LUNAUSDT reclaims the weekly support
Updated
The price had a nice bull run until 97$ on 1.13 Fibonacci level.
On the daily timeframe, the price lost the 88$ support.
on the 4h timeframe, the price could retest the 78$ thee weely support after a retest of the previous daily support now the new resistance around 87-89$ where the price finds the 0.618 Fibonacci level.
How to approach?
we will expect a retest of the daily resistance and a new rejection until 78$ weekly support.
bearish short term, bullish after the bounce on 78$
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 🦐
On the daily timeframe, the price lost the 88$ support.
on the 4h timeframe, the price could retest the 78$ thee weely support after a retest of the previous daily support now the new resistance around 87-89$ where the price finds the 0.618 Fibonacci level.
How to approach?
we will expect a retest of the daily resistance and a new rejection until 78$ weekly support.
bearish short term, bullish after the bounce on 78$
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 retested the 87$ on the daily resistance as I told youWe could see a retest of the weekly support on 78$
let's see!
Note
Luna followed my drawing as I told you.We apply over and over our strategies to understand the market.
11%, congrats ! 🎯
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