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InkyGrip

BTCUSDT is testing 0.618 Fibonacci level 🦐

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
The price is creating a descending channel, and now the price is testing 0.618 Fibonacci level retracement. The price bounced on the old Daily support, 0.618 Fibonacci level too on Daily timeframe. We need to wait for the next move in order to understand it's strength.
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Komen:
The price bounced on 0.618 Fibonacci level (daily) as expected!
Waiting for the next move to understand its strength!

snapshot
Komen:
The price bounced on 0.618 Fibonacci level as expected
The price must flip the weekly resistance
snapshot

Idea Berkaitan

InkyGrip
UFIIUSDT is testing the lower trendline 🦐
InkyGrip
TRXUSDT is ready for the breakout 🦐
Penafian

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