CELOUSDT is testing the 0.618 Fibonacci LevelThe price had a breakout from the descending channel on the daily timeframe ant it tried to have another breakout from the weekly resistance without any success.
Now the market is creating a head and shoulders on the daily timeframe and the price is testing the 0.618 Fibonacci level.
If the price is going to lose the support, we could see a retest of the dynamic support around 3.6$
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.