The price is testing the Daily support on the 0.618 Fibonacci level as I told in my previous analysis.
We Could see a pullback on the previous 4h support now new resistance around 43k.
As you can see the 40k is a key level, if the price is going to lose it and retest as new resistance we could see a bearish impulse until the 34k
How to approach?
In a short term, we could see a bullish impulse until the 43k.
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
We Could see a pullback on the previous 4h support now new resistance around 43k.
As you can see the 40k is a key level, if the price is going to lose it and retest as new resistance we could see a bearish impulse until the 34k
How to approach?
In a short term, we could see a bullish impulse until the 43k.
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 🦐
We are waiting for a pullback until the previous 4h support on 43k.
If the price is going to lose 41k the next valid support is 40k
let' see