BTCUSDT is creating a descending channel inside the daily ascending channel. We need to monitor the 0.5 Fibonacci level on the W's neckline. According to Plancton's strategy(check our Academy), we can set a nice order โโโโโ Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
์ฝ๋ฉํธ
The price is ranging below the weekly resistance
์ฝ๋ฉํธ
Breakout!
์ฝ๋ฉํธ
The price is testing the weekly resistance as new support!