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Bitcoin / TetherUS
Short
Updated

BTCUSDT is testing the 0.618 Fibonacci level inside a wedge

487
snapshot
The price is testing a crucial level on the daily and 4h timeframe inside a rising wedge

How to approach it?
IF the price is going to have a breakout from the rising wedge and support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐
Note
the price is testing the key level right now
snapshot
InkyGrip
Chart PatternsHarmonic PatternsRising WedgeTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsHarmonic PatternsRising WedgeTrend Analysis
InkyGrip

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.