ETHUSDT is testing the crucial support

2022년 12월 21일

the price is testing the 0.618 Fibonacci level as new resistance after a breakout from the ascending channel

How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ black structure -> <= 1h structure.
  

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Follow the Shrimp 🦐

2022년 12월 28일

노트

The price had a breakout from the dynamic support and now it's testing the static one.
We are waiting for the breakout

2022년 12월 29일

노트

The price is still testing the support.
If the price is going to lose it we could see a new bearish impulse

2023년 1월 1일

노트

The price is creating bear flag