ETHUSDT after our previous analysis moved in the expected direction.
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
βββββ
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
βββββ
Follow the Shrimp π¦
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
βββββ
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
βββββ
Follow the Shrimp π¦
Komen:
new recent high