BTCUSDT is creating an ascending channel, if the price will have a breakout to the upside we can look for a long position, otherwise we can expect a retracement until the 0.5 Fibonacci retracement
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Follow the Shrimp ๐ฆ
Keep in mind.
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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 testing 4h support. If the price is going to lose the support, we can see a retracement until 0.5 as I said in the video
์ฝ๋ฉํธ:
The price is following my drawing and the market could retest the 0.5 Fibonacci level around 36k
์ฝ๋ฉํธ:
The price is testing the 0.382 Fibonacci level right now as expected!
์ฝ๋ฉํธ:
์ฝ๋ฉํธ:
The price is testing the 0.382 Fibonacci level as expected