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KP3RUSDT is testing the support

The price created a big triangle on the daily timeframe and now the market is testing the daily support at 128$ on 0.618 Fibonacci level.
On the 4h timeframe, the price got several rejections from 140$ area where the market created a local resistance after a nice bullish movement from 90$ area.
How to approach it?
IF the price is going to lose the 0.618 Fibonacci level support, we could see a bearish impulse until the previous support, so, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
On the 4h timeframe, the price got several rejections from 140$ area where the market created a local resistance after a nice bullish movement from 90$ area.
How to approach it?
IF the price is going to lose the 0.618 Fibonacci level support, we could see a bearish impulse until the previous support, so, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.