BTCUSDT wants to test 40k? 🦐

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BTCUSDT wants to test 40k after a very nice bull run? The price is creating a rising wedge at the moment. if you see the bigger picture, the price created even a parabolic pattern. We can see a retest on 40k (0.5 Fibonacci level)

The main trend remains bullish

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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.
Nota
The price is testing 0.618 Fibonacci level right now
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Nota
The price is testing the upper trendline of the rising wedge
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Chart PatternsFibonacci RetracementparabolicTrend AnalysisWave Analysis

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