BTCUSDT is inside a descending channel 🦐

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BTCUSDT is inside a descending channel, and the price is testing monthly support .
If the price will lose 0.382 and Monthly and daily support, the price could retest 0.618 Fibonacci Level.

Weekly
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Monthly
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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.



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 Plancton0618 strategy will trigger.
Nota
Nice retest on 0.382 daily support.
The price needs Volume
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Chart PatternsDescending ChannelHarmonic PatternsTrend Analysis

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