The price had a bounce from the 18k area and got a rejection from 0.618 Fibonacci level and dynamic resistance on 20k level.
The price needs more liquidity in order to retest the daily resistance (at least) on 22k.
How to approach it?
the price needs more liquidity, so if the price is going to lose the support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price needs more liquidity in order to retest the daily resistance (at least) on 22k.
How to approach it?
the price needs more liquidity, so if the price is going to lose the support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Note
Bitcoin seems weakrising Wedge in action
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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.
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.