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$ ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
コメント
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 🔥
コメント
So far so good 10% for everyone Check how the price reach the Daily resistance as I told you