The price created a double top on the daily timeframe and now the price is testing the 0.618 Fibonacci level below the daily resistance inside a descending channel
On the 4h timeframe the price is trying to have a breakout from the resistance on 29.5$
How to approach?
If the price is going to have a breakout from the 4h resistance and grab liquidity we could see a pullback until the 30$
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Follow the Shrimp 🦐
Keep in mind.
On the 4h timeframe the price is trying to have a breakout from the resistance on 29.5$
How to approach?
If the price is going to have a breakout from the 4h resistance and grab liquidity we could see a pullback until the 30$
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
註釋
I told you yesterday, the price is ready for the pullback on the previous daily resistance of 30.5$Clear 7.8% so far.
Congrats to everyone 🔥
註釋
So far so good 10% for everyone
Check how the price reach the Daily resistance as I told you
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