CHZUSDT wants the 0.5 Fibonacci level?

2023년 4월 25일

CHZUSDT lost its dynamic support, which could be a bearish signal for traders.

The dynamic support refers to a moving average or trendline that acts as a support level for the price. When the price falls below this support level, it may indicate a shift in market sentiment, from bullish to bearish. In this case, the price of CHZUSDT could retest the 0.5 Fibonacci level, which is a commonly used retracement level in technical analysis.

If the price fails to hold at the 0.5 Fibonacci level, it could create a new bearish impulse, which may push the price further down towards the 0.11 $ area. According to Plancton's Rules, which is a trading strategy based on Fibonacci retracement levels, this could be a good opportunity for short selling.

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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.
  
• ⚫️ Black structure -> <= 1h structure.
  

Follow the Shrimp 🦐

2023년 4월 27일

노트

The price is testing the key level

2023년 5월 1일

노트

The price is following my arrow

2023년 5월 2일

노트

Waiting for the next bearish impulse

2023년 5월 3일

노트

The price is following my arrow, more if the price is going to lose the dynamic support

2023년 5월 5일

노트

Waiting for the breakout. Accumulation below the Dynamic support

2023년 5월 8일

노트

everything as I told you

2023년 5월 8일

노트

15%

2023년 5월 10일

노트

21%

2023년 5월 11일

노트

20%